GVEA Rate Drop & New Assistance Program | Anchorage News

Golden Valley Electric Association just dropped some major news for Fairbanks residents: starting September 1st, your electricity rate drops 12.6%, saving you about $15 a month. CEO Travis Million credits stabilizing fuel prices for the win. Two generators are offline temporarily for maintenance, but if forecasts hold, another rate cut could be coming by December. Plus, GVEA’s new Member Assistance Program will offer up to $750 annually to struggling households — apply via their website once it launches.

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