GVEA talks rates and projects

Golden Valley Electric Association held its annual membership meeting Thursday night at Hering Auditorium

During the session, it was reported that the co-op was able to lower rates during the year, with the latest rate change occurring March 1st.

A major project last year was the startup of the Healy power plant, which ran into problems later when an explosion shut it down again.

It's expected to re-start in August.

According to GVEA President & CEO, Cory Borgeson, other projects in the Interior will increase the number of kilowatt hours sold.

Borgeson said "We're seeing some opportunities to get additional kilowatt hours with Clear Air Force Base coming on. We think the F-35's coming to Eielson will not directly affect Golden Valley, but the additional 3 thousand to 35 hundred folks that will move to Alaska is going to create additional load for us. It's all good news for the Interior."