Media Release August 17, 2015
The Matanuska Electric Association Board of Directors voted on August 10, 2015 to authorize an increase of 0.61 percent in base rates, effective the fourth quarter of 2015. The average MEA member uses just over 700 kilowatt-hours of electricity per month. These members can expect to see a total monthly increase of about $0.50 as a result of the base rate adjustment. Under the terms of rules set by the Regulatory Commission of Alaska (RCA), MEA is allowed on a quarterly basis to file for limited increases or decreases in base rates, provided that the adjustments stay within certain financial parameters established by the RCA. The rate filing is based on the test year ending June 30, 2015 and will take effect during the first week of October 2015, pending approval by the RCA.
Matanuska Electric Association, Inc., Alaska’s oldest and second-largest electric cooperative, is owned and operated by its 49,000 members. MEA’s service area covers more than 4,200 miles of power lines in Southcentral Alaska, and the co-op leads projects statewide to provide customers with affordable, reliable energy. www.mea.coop
Julie Estey, Director of Public Relations
Matanuska Electric Association, Inc.