0:23
Calvin Schrage
20:03 - 20:27
"Previous language required at least a 1% adjustment and no more than 3%, guarantee— guaranteeing that costs to Alaskan ratepayers would climb at least 1%. That floor has been removed should we enter a period with low or no inflation."
“Previous language required at least a 1% adjustment and no more than 3%, guarantee— guaranteeing that costs to Alaskan ratepayers would climb at least 1%. That floor has been removed should we enter a period with low or no inflation.”
- Speaker
- Calvin Schrage
- Timestamp
- 20:03 – 20:27
- Community
- Alaska News
- Location
- Alaska
From the transcript
In terms of gas supply contracts to Alaskan users, The gas supply contract inflation adjustment is refined. Previous language required at least a 1% adjustment and no more than 3%, guarantee— guaranteeing that costs to Alaskan ratepayers would climb at least 1%. That floor has been removed should we enter a period with low or no inflation.