3rd quarter Cost of Power Adjustment (COPA) to decrease slightly July 1. Lower summer rates in effect. Click to read more.
Alaska Electric Light and Power Company (AEL&P) provides retail electric service for approximately 17,000 customers in the City and Borough of Juneau, Alaska.
AEL&P's parent company, Alaska Energy and Resources Company (AERC), is a wholly-owned subsidiary of Avista Corp., a Spokane, Wash.-based energy company that also services eastern Washington, northern Idaho, and parts of southern and eastern Oregon. AEL&P produces 100 percent of its base-load generation through clean, renewable, and low-cost hydropower.
This is accomplished through five hydropower plants: Snettisham, Lake Dorothy, Annex Creek, Salmon Creek, and Gold Creek. Of those, Snettisham is the largest, with a maximum peak output of 78 megawatts and an average annual energy output of 295 million kilowatt hours.
A new history began July 1, 2014, when AEL&P -- as part of Alaska Energy and Resources Company -- was acquired by Avista Corp., of Spokane, Wash. At that moment, the oldest regulated electric utility in Alaska joined with an established and major company involved in the production, transmission and distribution of energy for eastern Washington, northern Idaho and parts of southern and eastern Oregon.
As we look forward to an exciting future with Avista, we do not forget our more than a century of service that began earnestly enough in 1893 with a simple water wheel.