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By Dan Rudy 

SEAPA wraps up one year, looks to next


Despite dimming income over the past fiscal year, board members for Southeast Alaska Power Agency were informed the future is still a bright one. At its June 18 meeting in Ketchikan, CEO Trey Acteson reported SEAPA remains financially strong and well-positioned leading into the next fiscal year.

Sales revenues through last month were $1.3 million below budget, or about 12 percent. While weather volatility has played a hand in the shortfall, a consistent drop from anticipated power consumption by Ketchikan through the 2015 fiscal year has also contributed. The power sales agreement signed wi...

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