MEA Members to See Overall Rate Decrease
Matanuska Electric Association’s typical member (using approximately 696 kWh/month of electricity) can expect to see a total decrease of about 1.67 percent (or $2.46/month) to their overall bill as a result of first quarter adjustments to the base and cost of power adjustment (COPA) rates, effective January 1, 2019.
The MEA Board of Directors voted on December 10, 2018 to authorize an increase in base rates of 1.86%, which was recently approved by the Regulatory Commission of Alaska (RCA). In addition to the base rate adjustment, MEA has requested a reduction of 7.41% to the quarterly COPA rate, pending RCA approval.
“MEA is focused on several improvements to reduce costs for our members,” states spokesperson Julie Estey. “While the rate decrease is modest, we know every little bit helps. We are encouraged to see our efforts making a difference for our members, especially during the coldest and darkest months of the year.”
MEA may file limited increases or decreases in base rates on a quarterly basis, provided the adjustments stay within certain financial parameters established by the RCA. The COPA rate fluctuates quarterly based on current fuel and purchased power costs.
Mainsail 10 Technology Improves TOTE’s Anchorage Terminal Operations
TOTE Maritime Alaska completed a hosted deployment at the Don Young Port of Alaska in Anchorage of the Mainsail 10 terminal operating system made by Tideworks Technology.
Arcnito Wins Alaska’s First AI Pitch Contest
The Alaska Small Business Development Center, in partnership with Amazon Web Services and PREDICTif Solutions, hosted the inaugural AI Pitch Showcase.
Comcast, Verizon Vet Becomes New CEO for MTA
Demian Voiles, credited with establishing Verizon’s Alaska presence, comes to MTA from Comcast, succeeding the retiring Michael Burke as the co-op’s CEO.
Also in this issue: building a company and planning an exit strategy; several ESOPs, and UAS’ foray into a new model for tuition. Enjoy!