Page 5 - Power Cost Equalization News Today

By Greg Kim (KYUK/Yukon-Kusk) • 9 hours ago This year’s state budget, which went into effect July 1, does not include funding for the Power Cost Equalization program. Power Cost Equalization, or PCE, lowers the cost of electricity in rural Alaska to make it comparable to more urban areas like Anchorage, Fairbanks, and Juneau. Here’s what residents in rural Alaska can expect in their next utility bill. The Alaska Village Electric Cooperative delivers electricity to 58 commu...

Vital Alaska programs in limbo as legislators pause negotiations until August Alex Bengel © Provided by Fairbanks KTVF Alaska State Capitol building in Juneau FAIRBANKS, Alaska (KTVF) - Certain programs in the State of Alaska are seeing their funding stop as the state legislature failed to meet the three-fourths vote requirement to continue funding from the Constitutional Budget Reserve (CBR). Since it was established in 1990, the CBR has become a funding source for various g...

Alaska House averts government shutdown Alex Bengel © Provided by Fairbanks KTVF A view of the Alaska State Capitol building in Juneau. FAIRBANKS, Alaska (KTVF) - The prospect of a looming government shutdown in the state of Alaska has been averted. On Monday, June 28, the Alaska House of Representatives achieved the two-thirds vote necessary to make the state’s budget effective on July 1st, the start of the 2022 Fiscal Year. 27 votes were necessary to change the budget’s...

The Bristol Bay Times - Serving Dillingham, Naknek, King Salmon and Southwest villages

An air-to-air heat pump can provide a more efficient alternative for heating a home, particularly in regions of Alaska with less dramatic temperature swings like Southeast. Because they run off of electricity, they can also reduce greenhouse gas emissions in communities that use renewable alternatives like hydropower or solar. (Photo by Erin McKinstry/KCAW) Kake resident Adam Davis decided to convert to a heat pump about four years ago. Before that, he was using a pellet stove, but barging in f...

Special rate could help some rural Southeast communities afford heat pumps Posted by Erin McKinstry, KCAW | May 18, 2021 An air-to-air heat pump can provide a more efficient alternative for heating a home, particularly in regions of Alaska with less dramatic temperature swings like Southeast. Because they run off of electricity, they can also reduce greenhouse gas emissions in communities that use renewable alternatives like hydropower or solar. (KCAW/McKinstry) Many Southeast Alaska homeowners...

Tanana Chiefs Conference (TCC) is reviewing Gov. Mike Dunleavy’s plan to protect an endowment that eases the high cost of electricity in rural Alaska by incorporating it in the state Constitution. “TCC believes there could be benefit to the program by enshrining it in the state Constitution, if this is done correctly and if it reduces the potential for future political battles,” said Dave Messier, TCC’s rural energy coordinator.  TCC “will continue to evaluate ...

Becky Bohrer Alaska Gov. Mike Dunleavy speaks during a news conference on Wednesday, May 12, 2021, in Juneau, Alaska, with Sen. Robert Myers show in the background. Dunleavy proposed a constitutional amendment dealing with the Alaska Permanent Fund and the Permanent Fund Dividend. (AP Photo/Becky Bohrer) May 12, 2021 - 7:07 PM JUNEAU, Alaska (AP) — Alaska Gov. Mike Dunleavy proposed Wednesday what he called a step toward a broader fiscal plan that includes placi...

Alaska governor proposes dividend, oil-wealth fund plan by Becky Bohrer, The Associated Press Posted May 12, 2021 8:56 pm EDT Last Updated May 12, 2021 at 8:58 pm EDT JUNEAU, Alaska (AP) — Alaska Gov. Mike Dunleavy proposed Wednesday what he called a step toward a broader fiscal plan that includes placing in the state constitution a new formula for the annual check residents receive from Alaska’s oil-wealth fund. The proposal, released a week before the scheduled end of the legislative sess...

JUNEAU — Alaska Gov. Mike Dunleavy proposed Wednesday what he called a step toward a broader fiscal plan that includes placing in the state constitution a new formula for the annual check residents receive from Alaskas oil-wealth fund. The proposal, released a week before the scheduled end of the legislative session, also would restructure the Permanent Fund, rolling its spendable earnings reserve into the funds constitutionally protected principal, and place in the principal an endowment ...