AEL&P Press Release

3rd Quarter COPA to decrease slightly July 1

Although drought conditions continued throughout the spring in Southeast, lake levels improved slightly which allowed us to begin serving interruptible loads. As a result, the 3rd quarter Cost of Power Adjustment decreased slightly to 2.28 cents per kWh, effective July 1. Also, lower summertime rates are in effect from June to October. For residential customers, this means a 2.06 cent decrease per kWh on their bills in addition to the slight reduction in the COPA rate.

It’s important to note that the recent rainfall in Juneau does not always mean equal precipitation at Snettisham, where two-thirds of our energy comes from. For example, precipitation at Snettisham is 87% of normal, compared to Juneau precipitation which is 98% of normal for water year to date.

We have created the Generation Report below to keep customers informed on our current generation status. The graphic below shows where we are as of June 2019. As always, we are available to answer any questions or concerns. We can be reached at 780.2222 or by visiting the Contact Us page.

To view the 3rd quarter COPA filing with the Regulatory Commission of Alaska click here.

 

 

 

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