Rate change for Chugach Electric Association, Inc.
The Chugach Electric Association Board of Directors approved a demand and energy rate increase to Chugach retail members through the Simplified Rate Filing (SRF) adjustment process.
The rate increase, based on the December 2017 test year, is primarily driven by lower electric sales. Chugach’s filing was approved by the Regulatory Commission of Alaska (RCA) resulting in a retail demand and energy rate increase of 0.3 percent, effective May 1, 2018.
For an average residential customer using 600 kWh, the total monthly bill, which includes fuel and purchased power costs, is increasing from $120.23 to $120.44, or about 0.2 percent.
The purpose of SRF is to establish expedited filing and rate adjustment procedures for nonprofit electric cooperatives regulated by the RCA. The primary reason for using SRF is to make moderate rate changes, up or down, more timely and with less cost than other processes.