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 policy and rate design guidelines established by GVEA’s Board of Directors.
By Alaska law, the RCA now has a period of up to 450 days to issue a final decision in this proceeding. In the interim, GVEA will not be requesting any rate adjustments while this filing is before the RCA.
The RCA has issued a notice of GVEA’s filing and is now accepting comments. The following links may be helpful if you wish to learn more about this process and/or submit a comment:
- To view the article on this topic that appeared in the December edition of the Ruralite Magazine, click here (pages 4-6).
- Note: After your click the provided link above, mouse over the top edge of the page to trigger a drop-down of choices. From here, select the December 2016 edition, pages 4-6.
- Note: This article explains the reasoning behind the rate case.
- To review GVEA’s Initial Filing with the RCA, click here.
- To go directly to the Comments area on the RCA website, click here.
- Note: The comment period will close at 5pm, Friday, January 20, 2017.
- Suggestion: Have comments prepared ahead of time, so they can easily be uploaded to the website.
- To view the RCA’s Notice of Tariff Filing sheet, click here.
- This confirms GVEA’s filing and summarizes what GVEA is requesting.
- Links to GVEA’s press releases on this topic: