Motion to slash rebate from power agency fails, but topic still on table
December 21, 2017
A hydro power agency in Southeast Alaska proposed to cut a customer rebate last week after it increased by nearly $1 million in 2017, but the board shot it down while keeping the possibility of a future slash in play.
Trey Acteson, CEO of the Southeast Alaska Power Agency, or SEAPA — which provides most of the power used by Petersburg, Wrangell and Ketchikan — gave two propositions to its board last Thursday: Give $2.7 million in rebate money back to the ratepayers, or cut it by 30 percent to save for future projects and debt.
“I think it’s a healthy discussion to have, just for th...