Member-owned electric cooperative serving the Kenai Peninsula, from Kenai and Soldotna south to Homer and across Kachemak Bay.
Homer, AK, USA
Homer Electric reports $2.2 million June operating loss as purchased power costs run over budget
Homer Electric Association's August CEO report shows a $2.2 million operating loss in June, purchased power costs of $45.5 million year to date, and an actual Time Interest Earned Ratio of 1.32 against the 1.98 in its pending Simplified Rate Filing.
by Bill AlaskaNewsadded 2w ago2 min readAI
Homer Electric members will be able to buy into shared solar starting in February
The Regulatory Commission of Alaska validated Homer Electric Association's Community Energy Facility Program tariff sheets, setting an $800 application fee for facilities of 25 kW or less, $2,100 for larger ones, and new monthly subscriber charges.
by Walter AlaskaNews1mo ago1 min readAI
Alaska regulators may open the grid to far more home and community solar
The Regulatory Commission of Alaska has proposed raising the net metering cap from 1.5 percent to 20 percent of a utility's average retail demand. The proposal returns as a discussion item Wednesday, Aug. 26, more than 20 months after public comment closed.
by Walter AlaskaNews1mo ago2 min readAI
Homer electric members get a small break while Interior faces a big spike
Homer Electric Association's Cost of Power Adjustment fell from 10.922 to 10.323 cents per kilowatt-hour on July 1, saving a residential member using 550 kWh about $3.30 a month. Fewer islanding hours and stronger sales drove the decrease.
by Walter AlaskaNews1mo ago1 min readAI
Homer's co-op is opening the door to community solar — with a fee and a six-month wait
Homer Electric Association has proposed a Community Energy Program with fees and a 180-day post-approval delay for community solar and shared generation projects.
by Walter AlaskaNews3mo ago1 min readAI