GVEA Files 2016 Electric Rate Study w/ RCA

In mid-December, GVEA submitted its 2016 electric rate study to the Regulatory Commission of Alaska (RCA). GVEA is requesting that its revenue requirements be reduced by 1.3 percent (or $3 million annually) and its rates be based more closely to cost-of-service. The rates being proposed by GVEA results from a detailed cost-of-service analysis, as well as the …

Winter Storm Warning Issued for Interior AK

The various news agencies are all reporting a winter storm is heading towards the Interior of Alaska. The reports indicate that we should expect 6 to 12 inches of snow, accompanied with strong winds at the higher elevations. To read the Fairbanks Daily News-Miner’s Article on this storm, click here. GVEA has …

GVEA Files 2016 Electric Rates Study with the RCA

Note:  This press release was issued Dec 20, 2016, to the primary media outlets. FAIRBANKS — Golden Valley Electric Association has filed for a $3 million decrease in its revenue requirements for operating its electric utility with the Regulatory Commission of Alaska. If approved, this revenue decrease and rate design …

Remembering Mike Kelly

Here is a compilation of some Mike Kelly items that pertain to his passing on Dec 7, 2016. Video clips, which pay tribute to Mike Kelly: GVEA-specific Video Clip Community-wide Video Clip Articles that appeared in the Fairbanks Daily News Miner: Dec 8, 2016 Gallery of FDNM Photos Dec 9, 2016 …

Good¢ents Grants Awarded

The Good¢ents Board of Trustees met in November. They reviewed nine applications and awarded six grants totaling $25,180.  Here’s a summary of these recent grants: Fairbanks Community Food Bank: $3,000 grant to purchase a computer and two mobile devices. Fairbanks Council of PTAs: $3,000 grant to be used for the annual Alaska Science Fair. Fairbanks Frontier …

GVEA’s 2016 Electric Rate Study Filing

Every few years Golden Valley Electric Association commissions a study to determine how much it costs to provide electric service to its members. GVEA’s 2016 Electric Rate Study will be filed with the Regulatory Commission of Alaska (RCA) by the end of the year. The recent study undertaken found that GVEA’s …

GVEA Scholarship Application Window Opens

Every year, GVEA awards eight scholarships to local area students. Seven are awarded in May at our Annual Membership Meeting, and the eighth is awarded in August. To be eligible for a GVEA scholarship, the applicant (or a member of the applicant’s immediate family) must be a member of Golden Valley …

GVEA Board Approves $6 Million in Capital Credits Refunds

In the November edition of the Ruralite magazine, there’s a one-page article (page 4)  that explains what capital credits are. Unfortunately, when the printing deadline rolled around, we didn’t know what the anticipated 2016 capital credits disbursement would be. Therefore, the article was “generic” in nature.  Click here to read that one-page …

UAF Fall Course Offered – GVEA is the Focus

A unique class will be offered through UAF this fall. It’s “SOC-09 Understanding Your Electric Co-op,” which will be held in UAF’s University Park Bldg., Room 158, located at 1000 University Ave. One course with four different classes – each with a unique topic – will be offered on consecutive Thursday …