
Speaker C
84:47 - 85:22
"The bill now ensures that the RCA cannot approve gas sales contracts that force Alaska ratepayers to pay for cost overruns on the project."
“The bill now ensures that the RCA cannot approve gas sales contracts that force Alaska ratepayers to pay for cost overruns on the project.”
When gas is purchased by our utilities, they cannot charge more than $16 per MMBTU. That's million British thermal units, a number that reflects the current contract being worked on by Enstar and Glenfarm. But this number just sets the ceiling, Mr. Speaker. Alaskans should understand that we expect to pay far less, far less than this as the project reaches its export phase. The bill now ensures that the RCA cannot approve gas sales contracts that force Alaska ratepayers to pay for cost overruns on the project.