The sign in front of the Homer Electric Association building in Kenai, Alaska as seen on April 1, 2020. (Photo by Brian Mazurek/Peninsula Clarion)

The sign in front of the Homer Electric Association building in Kenai, Alaska as seen on April 1, 2020. (Photo by Brian Mazurek/Peninsula Clarion)

HEA to raise rates in 2021

Last quarter the rate was decreased from $0.08113 cents down to its current rate.

The Homer Electric Association members should expect to pay a little extra on their electricity bills in the new year, according to a Tuesday, Dec. 28 press release from HEA.

HEA has filed a request with the Regulatory Commission of Alaska to change its Cost of Power Adjustment (COPA) from $0.08067 cents per kilowatt-hour to $0.08432 cents per kilowatt-hour.

The Cost of Power Adjustment reflects the price of the fuel purchased by HEA to generate electricity and is adjusted on a quarterly basis. Last quarter the rate was decreased from $0.08113 cents down to its current rate.

If approved, the latest cost adjustment will mean an estimated increase of about $2 on a utility bill for a house that uses 550-kilowatt hours per month.

The additional rate change is set to go into effect on Jan. 1, 2021, pending approval from the RCA.

More in News

The Homer Spit stretching into Kachemak Bay is seen here on Thursday, Dec. 10, 2020 in Homer, Alaska. (Photo by Megan Pacer/Homer News)
Homer woman indicted over seaplane incident

Marian Tillion Beck was indicted on charges of negligent operation of a vessel and attempted interference with the navigation of a sea plane

Soldotna High School can be seen in this Sept. 2, 2021, photo, in Soldotna, Alaska. (Photo by Jeff Helminiak/Peninsula Clarion file)
‘Little Sweethearts’ family dance to debut at SoHi

The event will be hosted by SoHi’s freshmen student council

Soldotna City Council members interview city manager applicant Elke Doom (on screen) during a special city council meeting on Monday, Jan. 30, 2023. (Ashlyn O’Hara/Peninsula Clarion)
Doom, Bower named finalists for Soldotna manager gig

The two will visit Soldotna for in-person meetings on Feb. 7 and 13, respectively

The northern fur seal rescued by Alaska SeaLife Center staff is seen on Jan. 31, 2023, at the Alaska SeaLife Center in Seward, Alaska. (Photo courtesy Kaiti Grant/Alaska SeaLife Center)
Northern fur seal pup admitted to SeaLife Center rescue program

The pup was reported by Sitka residents using the center’s 24-hour stranding hotline

The Kenai Community Library children’s section is seen on Tuesday, Oct. 26, 2021. (Camille Botello/Peninsula Clarion)
Literary competition returns to local schools

Battle of the Books aims to instill in kids a love of reading

Clarise Larson / Juneau Empire
Climate activists hold a rally outside the Alaska State Capitol Friday afternoon in advocacy for legislative action to improve Alaska’s renewable energy development and future sustainability.
Climate activists hold rally near the Capitol

Statewide organizations advocate for legislative action

Shanon Davis, the executive director of the Soldotna Chamber of Commerce, hands out candy during the Sweeny’s St. Patrick’s Parade in Soldotna on March 17, 2022. (Camille Botello/Peninsula Clarion)
Davis to step down as Soldotna chamber head

Davis oversaw the implementation of Soldotna’s “Holding Our Own,” shop local program

Golden-yellow birch trees and spruce frame a view of Aurora Lagoon and Portlock Glacier from a trail in the Cottonwood-Eastland Unit of Kachemak Bay State Park off East End Road on Sunday, Oct. 3, 2021, near Homer, Alaska. (Photo by Michael Armstrong)
State parks advisory boards accepting applictions

Alaska State Park advisory boards provide state park managers with recommendations on management issues

Most Read