
Mike Dunleavy
12:06 - 12:52
"without a gas line and importing gas, the legislature is going to have to work on an urban power cost equalization program in the tune of 2 to 5 billion dollars to build renewables and batteries and wind and solar and to import gas."
“without a gas line and importing gas, the legislature is going to have to work on an urban power cost equalization program in the tune of 2 to 5 billion dollars to build renewables and batteries and wind and solar and to import gas.”
- Speaker
- Mike Dunleavy
- Timestamp
- 12:06 – 12:52
- Community
- Alaska News
- Location
- Alaska
- Captured at
- May 8, 2026
From the transcript
As a matter of fact, by some calculations, without a gas line and importing gas, the legislature is going to have to work on an urban power cost equalization program in the tune of 2 to 5 billion dollars to build renewables and batteries and wind and solar and to import gas. That's not a recipe for a growing state. That's not a recipe for a growing economy. That's a disaster. So we have this one moment in time that if we can get the legislature to come together for the people of Alaska, for the state of Alaska, you could have a gas line that creates thousands of jobs, that creates royalty and severance tax for the treasury.
Related Coverage
Dunleavy warns of 45-cent power without gas-line tax deal
Governor Dunleavy says Alaska faces electricity costs of 35 to 45 cents per kilowatt hour within five to 10 years without legislative action on a tax bill to finance the North Slope gas pipeline. He warns that rates above 10 cents per thousand cubic feet will make the $40 billion Alaska LNG Project unfinanceable.

Alaska raises rural power subsidy floor, cutting support $3M
The Regulatory Commission of Alaska raised the Power Cost Equalization base rate from 20.38 to 22.11 cents per kilowatt-hour on May 1, cutting support for rural communities by roughly $3 million as Railbelt utility costs climb.
