GVEA Unsure About Fuel Hedge

KUAC | By Dan Bross

Published December 31, 2014 at 10:42 AM AKST

The interior Alaska utility Golden Valley Electric Association is anticipating lower rates in 2015 due to declining oil prices. The utility, which serves Fairbanks and surrounding communities, partially relies on oil fired generation, expects member rates to drop between 5 and 10 percent in the New Year, but as KUAC’s Dan Bross reports, the prospect for long term benefit of cheaper fuel is less certain.

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Dan Bross

Dan has been in public radio news in Alaska since 1993. He’s worked as a reporter, newscaster and talk show host at stations in McGrath, Valdez and Fairbanks. Dan’s experience includes coverage of a wide range of topics, from wolf control to the Trans-Alaska Pipeline and dog mushing.

See stories by Dan Bross