News from the Alaska State Legislature, the Office of Senator Coghill
For Immediate Release: April 29, 2020
Bill Improving Alaska Railbelt Electric Services Signed into Law
JUNEAU – Today, a bill to create a framework for utilities, independent power producers, and consumer groups to work together on enforceable standards to improve Railbelt electric reliability and cybersecurity was signed into law by Governor Mike Dunleavy.
This framework, called an electric reliability organization, should be up and running by mid-2021. The legislation, Senate Bill 123, also requires collaboration on integrated resource planning and pre-approval of large new generation and transmission projects, which is expected to save ratepayers money long-term.
“The Regulatory Commission of Alaska thanks Governor Dunleavy for signing SB 123,” said Regulatory Commission of Alaska(RCA) Commissioner and Chairman Bob Pickett. “A cooperative effort of legislative leadership, the RCA, utilities, independent power producers and other public interest representatives contributed to this successful outcome, which started in 2014 at the direction of the Legislature. The Alaska public will benefit from more reliable and effective electric utility service.”
“On behalf of electric utility customers from Fairbanks to the Matanuska and Susitna valleys, from Anchorage through the Kenai Peninsula to Homer and Seward, SB 123 will foster cooperation among the interconnected utilities and ensure consumer needs are efficiently and reliably met,” said Senator John Coghill, R-North Pole, chairman of the Special Senate Railbelt Electric System Committee.
For more information, contact Senate Majority Communications Director Daniel McDonald at (907) 465-4066.
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