PCE is Not Funded as of July 1, 2019
PCE was established in 1985 as a mechanism to provide equitable electric rates to rural Alaskans. In 2000 an endowment was established to provide program funding without impacting the States general funds.
FY 20 PCE rate reduction for NEA residential members was set at 28.14 cents per kilowatt hour. This rate reduction would be applied to the first 500 kilowatt hours of a residential bill. Until funding is restored to this program the effect on residential members of NEA will be up to $140 per month increase in electric bills.
Our representation in Juneau, speaker Edgmon and Senator Hoffman are working to restore funding. The NEA board would encourage all o four members to support their efforts. Sample support letters can be found below, along with email addresses for both Speaker Edgmon and Senator Hoffman.
Although Naknek Electric Cooperative does not receive any direct benefit from this program, PCE has long been of significant benefit to our members and communities.