Golden Valley Electric Association (GVEA) is the member-owned electric cooperative that supplies power to Fairbanks and the Interior region of Alaska. Its elected board sets rates, fuel charges and reserve policy, and offers programs like prepaid power and community solar.
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Regulators approve Golden Valley's plan for rolling outages in the Interior
State regulators on Thursday approved Golden Valley Electric Association's plan for rolling outages, which would cut power to parts of its Interior service area for about 30 minutes to an hour at a time if the co-op runs short of electricity.
Under the plan, which takes effect Oct. 30, Golden Valley would rotate outages through 13 zones, cutting only as many as needed, until it has enough power again. A 14th zone, which includes Fairbanks Memorial Hospital, Fairbanks police and fire, emergency dispatch, Fairbanks International Airport and water treatment facilities, would be left out. Members can find their zone on maps on Golden Valley's program page, and the co-op is working to print it on bills.
Outages would come only at the highest of three alert levels, when the co-op has no spare generating capacity left. Golden Valley's first-ever alert, on Oct. 12, reached Level 2 when a third generating unit went down unexpectedly while two others were out for maintenance. On Friday, its alert page showed Level 1, the lowest alert level.
Golden Valley cannot exempt its 118 accounts coded for medical necessity from the rotation, Regulatory Manager Jessica Broker told commission staff.
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Stories on what’s next
Golden Valley Electric Association Prepaid Billing Program Launch
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Golden Valley Electric members may soon prepay for power and skip the deposit. Run out of credit, though, and the lights go off until you add $100.

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October 2026
Golden Valley lifts first energy emergency alert, warns supply problems will continue
Golden Valley's first-ever energy emergency is over. A unit outage Monday left the co-op with one generator of backup; by Wednesday it was back to normal.

Two regulators object as RCA lets Fairbanks, Juneau power cost cuts stand
Regulators let lower power cost charges in Fairbanks and Juneau stand. Two commissioners objected, saying they belong in the utilities' pending rate cases.

September 2026
Fairbanks' utility is writing down when it would start turning off your power
Fairbanks' electric co-op is writing rules for when it would start rotating outages. It has run short on reserve power 236 of the last 250 days.

Golden Valley is still getting paid for a storm from Christmas 2021
Golden Valley Electric is still being reimbursed for a 2021 windstorm, with FEMA committing another $1.36 million four years and eight months later.
Follows: Alaska has spent a fifth of its open federal disaster money, with six weeks on the clock

GVEA's fuel charge drops 12.6%, reversing about a third of June's increase
GVEA's fuel charge dropped 12.6 percent Tuesday, cutting about $15 from monthly bills for Interior members, though the rate remains far above pre-summer levels after diesel prices spiked.

August 2026
Golden Valley was short on reserves 94 percent of the last 250 days
Golden Valley was short on generation reserves 94% of the last 250 days, and its mix models 17 shortfalls a year against a benchmark of one per decade.

Golden Valley Electric has rules for community solar and no community solar
Golden Valley Electric now has approved rules for community solar and no community solar. Someone outside the utility has to build it first.

July 2026
A new power line is proposed through a historic Delta park
A utility wants to run a new power line through Big Delta State Historical Park to reach a nearby boat launch — open for public comment through July 31.

June 2026
Two new directors join the GVEA board that sets Interior power rates
Dave Messier and Philip Wight just won seats on GVEA's board — the member-owned body that sets Interior power rates. Their first day on the job? A fuel-supply vote.

GVEA seats new District 2 director, adopts nine bylaw changes
Philip Wight won a Golden Valley Electric Association board seat with 76% of the vote, and members approved nine bylaw changes, both taking effect at the June 23 board meeting.
