Clarifications on AEL&P

  • By Connie Hulbert
  • Monday, October 9, 2017 7:08am
  • Opinion

In a recent My Turn column, Ms. Waring made statements and assumptions about Hydro One’s acquisition of Avista, and implications of this to AEL&P, that simply aren’t true. We’d like to correct the misinformation and provide you with the facts.

1. Hydro One’s acquisition of AEL&P’s parent company, Avista, will not negatively affect AEL&P’s rates. AEL&P is regulated by the Regulatory Commission of Alaska. Alaska law and the Regulatory Commission of Alaska’s rate investigation precedent prohibit AEL&P from charging rates that would subsidize Hydro One’s customers.

2. AEL&P’s net income is a small percentage of Avista’s net income, and it will be an even smaller percentage of Hydro One’s net income. Additionally, AEL&P uses its earnings to invest in the electrical system in Juneau.

3. The figure cited by Ms. Waring as AEL&P’s net income last year was actually the amount that AEL&P invested into electrical infrastructure. That $15 million, which was spent on facilities to serve our customers, was almost twice the amount of our net income. In fact, in the last 12 years, AEL&P has invested nearly twice its earnings into infrastructure.

4. AEL&P has the lowest regulated rates in the state, and that is no accident. Over our 124-year history, AEL&P has worked hard to keep the cost of electricity affordable. AEL&P’s rates are below the national average, and how many items in Juneau can you say that about?

We are proud of AEL&P’s 124-year history. Many of us are lifelong members of this community, and all of us at AEL&P dedicate ourselves to providing responsible, reliable, and renewable service to Juneau.

We encourage folks who have questions or concerns to give us a call. We are happy to talk with you.


Connie Hulbert is a Juneau resident and is President and General Manager of AEL&P. She can be reached at 780-2222.


More in Opinion

Web
Have something to say?

Here’s how to add your voice to the conversation.

A map shows state-by-state results of aggregate polls for U.S. presidential candidates Donald Trump (red) and Kamala Harris (blue), with states too close to call in grey, as of Oct. 29. (Wikimedia Commons map)
Opinion: The silent Republican Party betrayal

On Monday night, Donald Trump reported that two Pennsylvania counties had received… Continue reading

(Juneau Empire file photo)
Letters: Vote no on ballot measure 2 for the future of Alaska

The idea that ranked choice voting (RCV) is confusing is a red… Continue reading

(Laurie Craig / Juneau Empire file photo)
10 reasons to put country above party labels in election

Like many of you I grew up during an era when people… Continue reading

(Juneau Empire file photo)
Letter: Alaskans are smart, can see the advantages of RCV and open primaries

The League of Women Voters is a nonpartisan organization that neither endorses… Continue reading

Tongass National Forest. (U.S. Forest Service photo)
My Turn: Why I oppose privatization of the Tongass rainforest

Sen. Lisa Murkowski has been trying to privatize the Tongass for years.… Continue reading

(Juneau Empire file photo)
Letter: Supporting ranked choice voting is the honest choice

Some folks are really up in arms about the increased freedom afforded… Continue reading

(Clarise Larson / Juneau Empire file photo)
My Turn: Election presents stark contrasts

This election, both at the state and federal level, presents a choice… Continue reading

(Juneau Empire file photo)
Letter: Praise for Begich overlooks his support of Trump

Tom Boutin’s My Turn column praised Nick Begich. However, he left out… Continue reading

Former Juneau Mayor Bruce Botelho discusses ranked choice voting at a Greater Juneau Chamber of Commerce weekly luncheon on June 30, 2022. (Clarise Larson / Juneau Empire file photo)
My Turn: Vote no Ballot Measure 2 and protect open primaries and protect our democracy

The focus of last week’s Juneau World Affairs Forum was the rise… Continue reading

(Clarise Larson / Juneau Empire file photo)
Opinion: Begich wants to join the herd of timid followers

On the very top of his campaign website, Nick Begich III claims… Continue reading