Alaska Department of Commerce, Community & Economic Development

06/26/2024 | Press release | Distributed by Public on 06/26/2024 19:33

REGULATORY COMMISSION OF ALASKA - Notice of Depreciation Filing Notice of Depreciation FilingThe REGULATORY COMMISSION OF ALASKA (Commission) gives notice that on June 21,[...]

REGULATORY COMMISSION OF ALASKA - Notice of Depreciation Filing

Notice of Depreciation Filing

The REGULATORY COMMISSION OF ALASKA (Commission) gives notice that on June 21, 2024, Matanuska Electric Association (MEA) filed a petition to approve the depreciation rates, in compliance with Order No. U-18-54(2). Docket No. U-24-017 was opened to address this matter.

MEA proposes an annual decrease of $570,141 to its depreciation expenses, from $26,219,284 to $25,649,143. MEA is requesting the revised depreciation rates be effective January 1, 2025. Changes in depreciation expense may lead to changes in the utility rates paid by consumers. No change in consumer rates is proposed by this filing. However, if approved, MEA states that it plans to incorporate the impact of the revised depreciation rates into its Simplified Rate Filing process which files with the Commission.

The Commission may approve, deny, or modify, in whole or in part, the depreciation rates proposed by MEA. The Commission may set conditions for approval.

You may obtain more information about the filing from Kyle W. Parker, with Holland & Hart LLP, Attorneys for MEA, at 420 L Street, Suite 550, Anchorage, AK 99501; phone: (907) 865-2600. The complete filing is also available for inspection at the Commission's office at 701 West 8th Avenue, Suite 300, Anchorage, AK; phone (907) 276-6222; or at the Commission's website at www.rca.alaska.gov by typing Docket No. "U-24-017" in the Find a Matter search box.

To comment on this filing, please file your comments by 5:00 p.m., July 26, 2024, at the Commission's address given above or via our website at:

https://rca.alaska.gov/RCAWeb/WhatsNew/PublicNoticesComments.aspx.

Please reference Docket No. U-24-017 and include a statement that you have filed a copy of your comments with MEA at its address given above. Individuals or groups of people with disabilities who require special accommodations, auxiliary aids or services, or alternative communication formats, please contact Naomi Johnston at (907) 263-2171, toll-free at 1-800-390-2782; TTY/Alaska Relay: 7-1-1 or 1 (800) 770-8973; or send a request via electronic mail to [email protected] by July 19, 2024.

DATED at Anchorage, Alaska, this 26th day of July, 2024.

REGULATORY COMMISSION OF ALASKA

Robert A. Doyle
Chairman