Chugach Electric customers will see rate increases due to Swan Lake Fire
Chugach Electric Association, Inc. announced Monday that customers should expect a rate increase in the coming months following the Swan Lake Fire.
The company says the fire damaged a transmission line connecting Bradley Lake Hydroelectric Project to the Chugach system. The lines connect Bradley Lake to Anchorage, the Matanuska-Susitna Borough and Fairbanks.
"Because of the loss of access to Bradley Lake power, more natural gas is being used and will continue to be until the line is repaired and back in service," Chugach wrote. "Rate increases may not show up immediately, but Chugach is estimating members will see bills rise between 3 and 6 percent over time until the line is back in service."
Chugach says Bradley Lake is the largest hydroelectric facility in Alaska. Apart from Chugach Electric, the facility also provides power to the City of Seward, Homer Electric Association, Municipal Light & Power, Matanuska Electric Association and Golden Valley Electric Association.
Chugach Electric says Homer Electric's service territory is south of the damaged line section and is not affected.
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