Alaska Energy Authority (AEA) is the state public corporation that develops Alaska's electricity infrastructure. It operates the Bradley Lake hydroelectric plant near Homer, including its expansion, and runs rural bulk fuel and power cost equalization programs statewide.
Photo by U.S. Department of Energy, via Flickr · Photo source · Public domain
akenergyauthority.org ↗813 W Northern Lights Blvd, Anchorage, AK 99503, USA
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Frame from "Nome Joint Utility System Board Meeting- Nov. 12, 2026" · Photo source
Nome power bills face a bigger fuel surcharge as utility board presses for overdue audits
Nome's fuel surcharge on power bills is likely to jump from 18 cents to close to 40 cents a kilowatt-hour after the largest fuel bond the utility has had, its manager told the Nome Joint Utility System board Thursday.
"So it's going to about double the kWh cost," board member Carl Knodel said. The manager agreed, noting the utility's tariff, or base rate, is close to 20 cents. He said the final surcharge will be calculated for the board's next meeting.
The utility took in 2,011,808 gallons of fuel this fall. The bond is $8.6 million, the manager said, and the total bill from supplier Crowley will be closer to $9 million. The utility has already paid $1.3 million from cash reserves.
Knodel asked how much less the oil would have cost if the utility had bought in July. The manager said it always buys in September and had locked in its price under a three-year contract, with only a tug fuel adjustment changing.
The state's Power Cost Equalization program, which lowers power bills for rural residential customers, will also pay more per kilowatt-hour once the new numbers are filed, the manager said.
The surcharge passes fuel costs through separately from the base rate. At an Oct. 13 Nome Common Council meeting, the manager said he believed the utility last raised its rates in 2005, and that the surcharge was set up when fuel cost 85 cents a gallon. On Thursday he said the utility needs a rate study in 2027, likely leading to a formula that recognizes part of inflation, like the one the Port of Nome uses.
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Stories on what’s next
Federal Resource Agency Recommendations Deadline for Bradley Lake Expansion
Comment closes on giving the energy authority state land at Bradley Lake at no cost
The state proposes giving land around Bradley Lake hydro to the Alaska Energy Authority at no cost. Comment closed Tuesday. It's tied to expansion financing.

Bradley Lake Project Financing Closure Deadline
Railbelt ratepayers will repay up to $100M for a Bradley Lake expansion built around federal tax credits
Railbelt electric customers will repay up to $100M to expand the Bradley Lake hydro plant, its dam sized to chase up to $200M in federal tax credits.

Cook Inlet Power Link Submarine Cable Prequalification Responses Due
A second power link to Kenai would run under Cook Inlet
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November 2026
State energy board moves to accept up to $150 million for a second Railbelt power line
Alaska's energy board moved to take up to $150 million in Defense Production Act money for a second Southcentral-Interior line. The other $268 million? TBD.

Alaska takes a new look at the 705-foot Susitna dam as Cook Inlet gas runs short
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State energy agency says it never talked to firm that listed its power cable as a partner
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State energy board votes on nearly $5 million solar loan for Red Dog Mine
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Alaska energy authority faces a $410 million gap for two Railbelt grid projects
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October 2026
State energy board to vote on nearly $5 million loan for solar at Red Dog Mine
Red Dog Mine makes all its power from diesel and cuts power to parts of the mine in summer. A state board votes Nov. 5 on a nearly $5 million loan toward solar.

Alaska Energy Authority board votes Nov. 5 on a new look at the shelved Susitna dam
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Alaska is in line for the third-largest share of federal grid money among states
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AVEC says it must raise revenue 10% as delivered fuel costs climb 35% to 40%
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Kivalina, Wales and Eek lead off $100 million push to replace village fuel tanks
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State proposes giving 5,805 acres to energy authority for Bradley Lake hydro expansion
DNR's 5,805 acres for the Alaska Energy Authority near Homer are for Bradley Lake hydro, where AEA says a glacier diversion could boost power 40%.

White House restates $150 million for Beluga-Healy line; source of $268 million share unclear
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Vance announces Railbelt transmission project at Fairbanks rally
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September 2026
Regulators fix math errors in AVEC power subsidy, raising credits in most villages
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Coming up
Alaska Energy Authority Tax-Exempt Bonds Public Hearing
Alaska Energy Authority, 813 W Northern Lights Boulevard, Anchorage, AK 99503, or by phone: (907) 621-6701, code 250 656 873#
Hearing
Bradley Lake Project Financing Closure Deadline
Public notice
Federal Resource Agency Recommendations Deadline for Bradley Lake Expansion
Public notice
Alaska Energy Authority Bradley Lake Project - Fishway Prescriptions and Terms & Conditions Deadline
Public notice
About Alaska Energy Authority
Photo by U.S. Department of Energy, via Flickr · Photo source · Public domain
akenergyauthority.org ↗813 W Northern Lights Blvd, Anchorage, AK 99503, USA
The Alaska Energy Authority (AEA) is the state public corporation that develops electricity infrastructure in Alaska, with offices in Anchorage. It operates the Bradley Lake hydroelectric plant near Homer and is governed by a board.
AEA runs statewide programs for rural communities, including power cost equalization credits that offset village electricity costs and support for bulk fuel tank farms. Its board votes on loans and studies for energy projects, from hydropower and transmission to renewable power that replaces diesel. Rural electricity costs, the Bradley Lake expansion and the debt carried by Railbelt ratepayers are recurring questions.
Its work ties into the Railbelt grid and the Railbelt Transmission Organization, which sets transmission tariffs and technical standards, and into rural utilities such as the Alaska Village Electric Cooperative. Federal tax credits and grants shape the cost of many of the projects it backs.
More from Alaska Energy Authority
Alaska household electricity prices rose 5.6 percent from a year earlier in July, federal data show
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August 2026
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Comments on the $400 million Bradley Lake expansion close Friday
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Manley Hot Springs surcharge would nearly triple under a filing before regulators
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A $400 million expansion of Bradley Lake hydro would power about 30,000 homes and cut Southcentral's gas use
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July 2026
As Cook Inlet gas runs short, Alaska moves to squeeze 38% more power from an existing dam
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RTO tariff subcommittee meets Thursday on transmission costs
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RTO schedules closed subcommittee meetings for June 10–11
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Former Senator Kyrsten Sinema Identifies Alaska as Prime AI Data Center Location
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April 2026
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Remote Alaska villages pay $6.63 per gallon as fuel costs strain budgets
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