Latest Stories
An Update on GVEA’s Healy Unit 2 Plant
On Thursday, March 3, 2016, at approx. 7:20 p.m., Healy Unit 2 experienced a fire/explosion in the plant’s coal feed system. The root cause is under investigation. There were no injuries resulting from this event. The plant was in a start-up condition operating on...
Healy Unit 2 Power Plant Suffers Damage
At approx. 7:20pm on Thursday, March 3, GVEA’s Healy Unit 2 suffered damage to the coal feed system due to spontaneous combustion, commonly known in the industry as a “puff.” This also caused a small fire, which the Healy Volunteer Fire Dept. responded to, and was...
Fuel & Purchased Power Charge Continues To Decline
Effective March 1, 2016, the Fuel & Purchase Power (F&PP) charge, which is adjusted each quarter, was lowered. In December 2015, the F&PP charge was $.0748 per kWh, and now it's $.0609 per kWh. For the average residential bill of 600 kWh, this will be...
GVEA Board Meeting: 6:30pm on Mon, Feb 22
Board Meeting Notice: GVEA's Board of Directors will meet for their regularly scheduled monthly meeting on Monday, Feb 22, in the GVEA Board Room, 758 Illinois St. Open session begins at 6:30pm, and members are welcome to attend. To view the agenda, click here. ...
Scammers Fine-Tune Devious Manipulation Skills
NOTE: If you have been a victim of a scam, please use the link provided to file an incident report with the police: Link to Incident Report - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Utilities around the country are reporting an increase...
Notice of Special Board Meeting
Board Meeting Notice: GVEA's Board of Directors will meet for a special meeting on Friday, Feb. 5, in the GVEA Board Room (located at 758 Illinois St.) to review proposed revisions to GVEA's Bylaws. The meeting will begin at 12:00pm, and members are welcome to attend....
GVEA Regular Board Meeting (Mon, Jan 25, 2016)
Board Meeting Notice: GVEA's Board of Directors will meet for their regularly scheduled monthly meeting this evening, Monday, Jan 25, in the GVEA Board Room, 758 Illinois St. Open session begins at 6:30pm and members are welcome to attend. To view the agenda, click...
Scholarship Opportunities (Distributed by GVEA and APA)
Not only are there seven GVEA scholarships up for grabs, but there's another scholarship opportunity available through the Alaska Power Assn. GVEA’s Scholarships: To be eligible for a GVEA scholarship, the applicant (or a member of the applicant’s immediate family)...
Utility Charge to Increase January 1
The Regulatory Commission of Alaska (RCA) recently approved a rate increase of 6.56 percent for all GVEA members. This increase is effective January 1, 2016 and is part of our Simplified Rate Filing (SRF) process, which allows GVEA to adjust rates every six months and...
GVEA’s amended fuel contract benefits members
Last night, Golden Valley Electric’s board of directors unanimously approved amending its current fuel contract with Petro Star Inc. (PSI). Under this amended contract, PSI has agreed to reduce GVEA’s current Naphtha fuel price while they build a facility to produce...