Borough to absorb wholesale electric rate hike until rate reevaluation in spring

The Southeast Alaska Power Agency (SEAPA) has approved an electricity rate hike of a quarter of a cent per kilowatt hour. The additional charge went into effect for its three municipalities — Ketchikan, Wrangell and Petersburg — on Jan. 1, but Wrangell Borough Manager Jeff Good will not consider increasing retail electricity rates until spring, during the annual rate revaluation period.

“I don’t plan on bringing it before the assembly until we do our normal rate evaluations coming up,” he said. “When we do our other rate adjustments, we’ll discuss it. I’d prefer to wait.”

The borough will abso...

 

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