Cost adjustment approved for AEL&P

Posted: Sunday, February 15, 2009

JUNEAU - Alaska Electric Light & Power Co., was approved an Emergency Cost of Power Adjustment on Feb. 12 by Alaska's Regulatory Commission.

The commission approved the Juneau utility's Feb. 5 request of adding 14.4 cents to the current 9.6 cents per kilowatt hour rate. The additional charge, raising the one-month residential cost to 24 cents, is to pay for diesel fuel used following the Jan. 12 avalanche that downed a transmission tower.

The cost adjustment is intended to recoup $3.8 million spent on diesel fuel during the three-week period. Some utility users are still on the higher billing cycle. To check when your billing cycle ends, visit www.aelp.com.



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