The Regulatory Commission of Alaska is proposing to raise the base rate used to calculate Power Cost Equalization subsidies from 20.38 cents per kilowatt-hour to 22.11 cents per kilowatt-hour. The public can comment through June 1.

Power Cost Equalization helps offset high electricity costs in rural Alaska communities by subsidizing the difference between local rates and urban rates. The base amount reflects the weighted average residential rate in Anchorage, Fairbanks, and Juneau during 2025.

The proposed 22.11 cent rate is based on residential energy sales from Chugach Electric Association and Matanuska Electric Association in Anchorage, Golden Valley Electric Association in Fairbanks, and Alaska Electric Light and Power Company in Juneau. Chugach customers accounted for 63 percent of total residential sales among the four utilities.

State law requires the commission to adjust the base amount each year based on urban rates. The current base amount is 20.38 cents per kilowatt-hour.

Written comments must be submitted by 5:00 p.m. on June 1, 2026, to the Regulatory Commission of Alaska at 701 West Eighth Avenue, Suite 300, Anchorage, Alaska 99501, by email to [email protected], or through the commission website. Reference Docket U-26-010 in all comments.

A public hearing is scheduled for 1:30 p.m. on June 9, 2026, at the commission office in Anchorage. The hearing will also be available via Cisco Webex. To participate remotely, email [email protected] by noon on June 4 to request an invitation.

For questions about the calculation, contact Tariff Section Staff at 907-276-6222 or [email protected].