
Speaker C
37:14 - 38:14
"We support the Fairbanks spur line for many of the reasons the mayor mentioned, the primary one being this would That spur line would provide our utility, Golden Valley Electric Association, better access to gas to offset their diesel— what is likely their highest cost of power, which would be their diesel generation. So we strongly support this, the Fairbanks spur line."
“We support the Fairbanks spur line for many of the reasons the mayor mentioned, the primary one being this would That spur line would provide our utility, Golden Valley Electric Association, better access to gas to offset their diesel— what is likely their highest cost of power, which would be their diesel generation. So we strongly support this, the Fairbanks spur line.”
I think on the rate itself, as I mentioned, this would be new revenue, but I think The thing that I would emphasize is that we feel that the rate should be the minimum required to promote the economic viability of this global, you know, export project, and no less than that. So I encourage you to continue to deliberate that rate, and I know you have quite a bit. We support the Fairbanks spur line for many of the reasons the mayor mentioned, the primary one being this would That spur line would provide our utility, Golden Valley Electric Association, better access to gas to offset their diesel— what is likely their highest cost of power, which would be their diesel generation. So we strongly support this, the Fairbanks spur line. So much of our economic activity, our tourism infrastructure, is connected in some way or another to Fairbanks.
Anchorage's mayor said LNG would cost "tens of millions." The Halcyon report shows $23M-$173M depending on housing supply. Her housing plan targets $23M.

Fairbanks North Star Borough secured developer agreement on spur line construction tied to tax breaks, with postage-stamp rate language now central to Senate Finance deliberations on SB 2001.
