Storms Mean Higher Electricity Costs for Alaska Residents

Recent storm damage in south central Alaska means higher electricity costs for some customers.

KTUU-TV reports that the storms have taken a toll on two electric companies and ratepayers will likely have to cover the repair costs.

Chugach says it’s too early to estimate the cost of the damage, but says it is hundreds of thousands of dollars. Matanuska Electric Association says it is approaching half a million dollars in costs from repairing damage from the storms.

KTUU says ratepayers for both MEA and Chugach will cover the costs, unless the storms are declared a disaster and state or federal funds are disbursed.

Municipal Light & Power says damage has been minimal since many of its power lines are underground.