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MEA Members to See Overall Rate Decrease

Jan 2, 2019 | Monitor, Telecom & Tech

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.

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January 2020

January 2020

“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.

Alaska Business Magazine January 2020 cover

In This Issue

The Marx Bros. Café

January 2020

Jack Amon and Richard “Van” Hale opened the doors of the Marx Bros. Café on October 18, 1979; however, the two had already been partners in cuisine for some time, having created the Wednesday Night Gourmet Wine Tasting Society and Volleyball Team Which Now Meets on Sunday, a weekly evening of food and wine. It was actually the end of the weekly event that spurred the name of the restaurant: hours after its final service, Amon and Hale were hauling equipment and furnishings out of their old location and to their now-iconic building on Third Street, all while managing arguments about equipment ownership, a visit from the police, and quite a bit of wine. “If you’ve ever seen the movie ‘A Night at the Opera” starring the Marx Brothers, that’s what it was like,” Hale explains.

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