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.
GVEA Unsure About Fuel Hedge
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