ML&P.

• Author: Gallion, Mari
• Position: INSIDE ALASKA BUSINESS - Ruled on Municipal Light and Power - Brief article

Municipal Light & Power (ML&P) filed for rate relief with the Regulatory Commission of Alaska in September. ML&P is seeking rate relief primarily to fund its investment in the Southcentral Power Project, which went into service on January 31.

The utility proposes a phased approach in order to implement the increase over a two-year period. The increase to the average customer's total monthly bill from September's rates will be about 17 percent when interim rates were expected to take effect in late October and another 5 percent in early 2016 when Phase 2 permanent rates are implemented.

Interim rates will be granted on a...