RCA Suspends AEL&P Rate Increase Request for Further Investigation
and Denies Interim and Refundable Rates.
Juneau, Alaska -- The Regulatory Commission of Alaska (RCA) today suspended
the rate increase request filed in TA381-1 by Alaska Electric Light & Power
(AEL&P) into Docket U-10-029 for further
investigation. The RCA denied AEL&P's request to collect interim rates
beginning June 18, 2010. A hearing is set for July 6, 2010, to allow AEL&P to
further address its request for interim rates, after which time the RCA will
determine whether interim rates are appropriate.
AEL&P filed a revenue requirement and cost-of-service study as TA381-1 on May 3, 2010.
In this filing, AEL&P asked for interim and refundable rates of 20 percent higher
than current rates and a 24 percent permanent across the board increase to its
base rate demand and energy charges. The RCA conducted a consumer input
hearing in Juneau on June 15, 2010, and altogether, has received over 100 oral
and written comments.
If you have any questions about this announcement, please contact Ms. Grace
Salazar, Media Liaison, at (907) 276-6222, extension 134.
Date Issued: 6/17/2010