Kat Sorensen
40:25 - 41:00
"And so with that, we would be able to reduce rates in 2028 by either $0.01 in the winter or $0.50 all year, which is a smaller impact than dropping property taxes, but it's spread out over the entire community to all ratepayers."
“And so with that, we would be able to reduce rates in 2028 by either $0.01 in the winter or $0.50 all year, which is a smaller impact than dropping property taxes, but it's spread out over the entire community to all ratepayers.”
- Speaker
- Kat Sorensen
- Timestamp
- 40:25 – 41:00
- Community
- Alaska News
- Location
- Seward
- Captured at
- October 28, 2026
From the transcript
And so with that, we would be able to reduce rates in 2028 by either $0.01 in the winter or $0.50 all year, which is a smaller impact than dropping property taxes, but it's spread out over the entire community to all ratepayers. It also helps us set up for whatever decision we make with the electric fund and with the electric department. That general fund administrative fee is probably— is hopefully going away. If we sell to another utility, that would go away. If we become our own cooperative, it would go away.
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