Kodiak Electricty Charges Fall Over 2-Cents per kWh

Jay Barrett/KMXT
In this day and age of constantly rising costs – especially energy costs – the smaller electric bills Kodiak residents have been receiving this month are doubly amazing. Kodiak Electric Association CEO Darron Scott wrote in the KEA newsletter the renewable energy resources used by the co-op have contributed to a reduction in the “COPA," the Cost of Power Adjustment.
The COPA is a surcharge for when KEA has to depend too much on its diesel engines to generate electricity. The COPA was 3-point-95 cents per kilowatt hour, but dropped more than two cents during the third quarter to 1-point-86-cents.
The reduction comes despite being slight short on rain at the Terror Lake hydro power facility and was calculated before the three newest turbines on the Pillar Mountain wind farm fully came on line. Scott says with more wind in the system, and a third turbine at Terror Lake, KEA customers can look forward to even greater renewable energy production in the future, which could result in even more reductions in electric bills.