$600K rebate anticipated from SEAPA, diesel run delayed
June 22, 2017
The governing board for Southeast Alaska Power Agency has approved a draft for next year's budget, as well as a hefty rebate to its member communities' utilities.
The decision was supported by a fair financial position for the agency, which supplies hydroelectric power to Ketchikan, Wrangell and Petersburg. In a meeting held at Wrangell's Nolan Center Tuesday afternoon, SEAPA chief executive Trey Acteson explained sales revenues had come in higher than expected. Power sales to Ketchikan, Wrangell and Petersburg together totaled $11.1 million, more than $1.15M above what was budgeted, and $1...
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