No rate increase for wholesale power in Petersburg in 2024


December 21, 2023

Power rates in Petersburg will not increase next year, says SEAPA.

The Southeast Alaska Power Agency (SEAPA) board voted to hold wholesale power rates steady for 2024, according to the report from the Nov. 30 SEAPA meeting.

Assembly member Bob Lynn, who represents Petersburg on the SEAPA Board of Directors, presented the report during the assembly meeting on Monday.

“From a wholesale power standpoint, there is no increase. There’ll be no rate increase for 2024,” said member Lynn. “There will probably need to be a quarter cent increase in 2025, but that’s yet to be determined base...

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