GVEA has been advised by the Federal Energy Regulatory Commission (FERC) that it has no record of Eco Green Generation LLC’s (EGG) application for status as a qualifying facility (QF). Consequently, Golden Valley Electric Association (GVEA) has suspended further work on its compliance filing with the Regulatory Commission of Alaska …
Golden Valley Electric Association (GVEA) has set a goal to reduce its carbon output by 26 percent by the year 2030. The board of directors adopted the Carbon Reduction Goal at its January 21 meeting in Fairbanks. The 26 percent reduction will be measured against GVEA’s 2012 emission levels. The …
Golden Valley Electric Association has received a proposal from Eco Green Generation LLC (EGG) of Monument, CO, an independent power producer, to add 55 megawatts of energy to GVEA’s system. EGG proposes to add 11 cogeneration units, 9 in Fairbanks and 2 in North Pole. Each unit will produce 5 …
The Good¢ents Board of Trustees met in November. Fourteen applications were reviewed, and nine grants totaling $35,178 were awarded. Here’s a summary of these recent grants: Bethel Community Services Foundation: $1,000 grant to assist with the purchase of music equipment. Christmas In Ice: $3,305 grant to be applied to an electrical upgrade. Ester …
GVEA’s Fuel and Purchased Power (F&PP) rate, effective December 1, 2018 through February 28, 2019, has decreased from 10.502¢ to 8.648¢ per kilowatt-hour. This is a decrease of 18 percent from the previous F&PP rate approved by the RCA. Based on the average usage of 600 kWh, the impact of the lower …
Golden Valley Electric did not experience any power outages due to this morning’s earthquake in Anchorage. At the time of the earthquake, our load was approximately 165 MW with 30 MW coming over the Intertie. When the Intertie tripped off-line due to the earthquake, GVEA’s Battery Energy Storage System (BESS) …
At the October 22, 2018, GVEA Board meeting, the decision was made to retire all capital credits from 1993 (and earlier) plus 25 percent of the 2017 capital credits, which totaled $9.3 million. All refunds will be distributed by the end of November 2018. How will the capital credit refunds …
FAIRBANKS – Golden Valley Electric Association and local officials held a ribbon cutting ceremony today to acknowledge the commissioning of its 563-kilowatt solar farm. GVEA’s solar installation is the largest photovoltaic (PV) system in the State of Alaska. The project should produce enough energy to power 71 homes (using an …
GVEA has hired National Rural Electric Cooperative Association’s (NRECA) Market Research Services to conduct a brief phone survey of GVEA’s members. The confidential survey will be focused on customer service and should only take a few minutes of your time. The survey will begin on Monday, October 1. It’s anticipated that the survey will be …
GVEA is pleased to announce that the Healy Unit 2 power plant has operated at 95% availability for a 30-day period, exceeding a key benchmark set by the Regulatory Commission of Alaska. The 50-megawatt coal-fired unit had been idle since 2016, to allow GVEA to fix a design flaw in …