Spreading some holiday cheer, Chugach Electric Association, Inc., (Chugach) is issuing capital credits to thousands of current and former members as part of a more than $4 million retail capital credit retirement. The Chugach Board of Directors approved the retirement at its Oct. 15, 2024, board meeting.

On Sept. 25, 2024, the Regulatory Commission of Alaska (RCA) issued an order announcing its decision on the rate case filed by Chugach Electric Association, Inc., in June of 2023. The filing was a requirement of Chugach’s acquisition of Municipal Light & Power (ML&P) four years ago.

Project to save fuel and boost reliability on the Railbelt

Installation is underway on two solar panel projects on Chugach Electric’s two largest power plants. One is located at Chugach’s Southcentral Power Project, located on Chugach’s South Campus on Electron Drive. The second is a ground-mount project located at the George M. Sullivan Power Plant on the Glenn Highway. Each project has a name plate capacity of 85 kilowatts, and both are expected to be in commercial operation by the end of October.