MEA announces base rate decrease

Thursday, August 25, 2011 - 06:27

Matanuska Electric Association has announced a base rate decrease of 0.44 percent for the fourth quarter of 2011. If approved by the Regulatory Comission of Alaska, the decrease will take effect during the first week of October, according to a press release sent out by MEA.

According to MEA spokesperson Cheryll Heinze, the average MEA consumer uses more than 700 kilowatt hours of electricity per months.

“These consumers can expect to see a monthly decrease of about $.31 as a result of the base rate decrease,” Heinze said.

MEA regularly adjusts its rates on a quarterly basis. Rates dropped 0.53 percent in the first quarter of 2011, rose 1.89 percent in the second quarter and fell 1.33 percent in the third quarter. With the most-recently announced adjustment, rates have fallen by a total of 0.41 percent in 2011.

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