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Rising electricity costs leave Fairbanks in the cold

Panorama of downtown Fairbanks, Alaska, lookin...
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by Dorothy Chomicz

Dec 31, 2011

FAIRBANKS — It’s well below zero outside your kitchen window. You’re sitting at the table wondering how, in this tumultuous economy, you are going to pay all your bills, which seem to be rising. You’re behind on your electricity payments and worried about having your power turned off.

It’s the type of situation that occurs here and elsewhere around the nation and in increasing frequency.

Rates at Golden Valley Electric Association, which provides electrical power to approximately 45,000 customer in the Fairbanks area, went up 23 percent in the last year, according to Corinne Bradish, public relations officer for the utility. This means the bill for an average household usage of 700 kilowatt hours will go from $139 in January 2011 to $170 in January 2012, Bradish said.

GVEA sends out about 400 to 500 disconnect notices per month, according to CEO Brian Newton. While that number is higher than it was several years ago, the actual number of.... http://newsminer.com/view/full_story/16955765/article-Rising-electricity-costs-leave-Fairbanks-in-the-cold

In the orb....

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