In 2014, AEL&P was acquired by Avista Corp. On July 20th, 2017, Avista Corp. announced they will join forces with Hydro One, one of the best-managed electric transmission and distribution utilities in North America.
Will this affect you as an AEL&P customer? The short answer is that it won’t. It will be business as usual for AEL&P and our customers.
A few keys things to know:
- The rates that you pay as an AEL&P customer will NOT change as a result of this transaction.
- AEL&P’s day to day operations and employee structure will not change as a result of this transaction.
- AEL&P will continue to operate as an independent company, just as it has since being acquired by Avista Corp. 3 years ago, and for the 121 years prior to that.
- AEL&P will continue to be regulated by the Regulatory Commission of Alaska (RCA).
To learn more about Hydro One’s plans to acquire Avista, please click on any of the links below.
You can also call us if you have questions or concerns. We are here to help.