This winter has caused extensive damage to electric facilities, especially on the northern Kenai Peninsula. Chugach Electric Association estimates it has spent more than $2 million responding to storm damage this winter. At least three-fourths of the total has been spent restoring power and repairing damaged power lines and structures in the mountains from Moose Pass and Cooper Landing to Turnagain Arm.
Press Releases
January 11, 2012
Chugach Electric Association has completed a $250 million bond financing at very favorable interest rates. The transaction closed on Jan. 11. The bonds carry a weighted average interest rate of 4.36 percent, with the rate on individual tranches varying from 4.01 to 4.78 percent.
December 13, 2011
Chugach Electric Association is donating more than 6,000 pounds of turkey to 15 different local charitable organizations. In previous years, Chugach has made similar donations in support of local charities.
October 12, 2011
At a special meeting today the Chugach Electric Association board reviewed a recent order from the Regulatory Commission of Alaska on the Fire Island Wind Project. The board is pleased that the RCA has authorized Chugach to recover the costs of wind power purchases in rates.
September 28, 2011
Chugach Electric Association is looking for members interested in serving on its 2012 Bylaws, Election and Nominating committees.
June 16, 2011
The board of directors of Chugach Electric Association voted to approve a power purchase agreement supplying the utility with energy from a proposed wind project on Fire Island. The board took the action at a special board meeting Wednesday, June 15.
June 10, 2011
The board of directors of Chugach Electric Association has voted to approve a set of terms and conditions for a project to supply the utility with power from a wind farm on Fire Island. The board took the action at a special board meeting Wednesday night, June 8.
May 27, 2011
Janet Reiser, Harry Crawford and Jim Henderson were elected to 3-year terms on the Chugach Electric Association board of directors and Doug Robbins was elected to a 1-year term.
May 23, 2011
Chugach Electric Association retail customers will see a small rate increase on their bills. Earlier this month the Regulatory Commission of Alaska approved Chugach's request to raise its base demand and energy charges by 0.3 percent. Chugach implemented the new rates on May 16.
April 21, 2011
Six Chugach Electric Association members are running for four seats on the cooperative's board of directors in this spring's election.
March 28, 2011
Chugach Electric Association and Municipal Light & Power broke ground today on the
new Southcentral Power Project located at Chugach’s headquarters complex at 5601
Electron Drive.
January 25, 2011
Chugach Electric Association has completed a $275 million refinancing at historically low interest rates.
January 21, 2011
Energy efficiency tools and displays will be featured at an open house to promote Smart Power, an energy-efficiency and conservation program. The open house will be from 3:30 to 7 p.m., Wednesday, Jan. 26, in the Chugach Member Services Lobby, 5601 Electron Drive.
December 22, 2010
Doug Robbins was appointed to fill a vacancy on the Chugach Electric Association board of directors. The board voted unanimously to make the appointment at its Dec. 16 meeting after interviewing 14 Chugach members interested in serving on the body. The vacancy was created by the October passing of director Pat Kennedy.
October 29, 2010
Chugach Electric Association has scheduled a pair of outages for customers in Cooper Landing and Moose Pass. Each outage is expected to be approximately 15 minutes long. The first outage is scheduled to begin at 2 p.m. on Monday, Oct. 18. The second outage is expected to take place about 2 p.m. on Friday, Oct. 22.