17 July Chugach Acquisition of ML&P - FAQ July 2020 July 17, 2020 By Public Relations General 0 What is the status of Chugach buying Municipal Light & Power? The Regulatory Commission of Alaska has approved the acquisition of Municipal Light & Power by Chugach Electric Association with conditions. Chugach and the Municipality of Anchorage are working on closing the transaction later this year (2020), and ML&P customers will then begin receiving electric service from Chugach. What do I need to do to become a Chugach member? Over the next few months you will receive information to help you through the transition to becoming a Chugach member. In the meantime, questions about your account will still be handled by ML&P. For more information, call ML&P customer service at (907) 263-5340. What are the benefits of being a Chugach member? Chugach is a cooperative, formed to serve its member-owners. Guided by a seven-member board of directors, members choose the directors by voting in the annual election. In addition, Chugach returns surplus revenues to members through its capital credits program. By putting money back in the pockets of members, Chugach keeps money in the local economy. Chugach is proud to support our communities and our members in this way. Related ML&P and Chugach unification interview on AK Public Media ML&P General Manager Mark Johnston and Chugach Electric CEO Lee Thibert discuss the ways in which the utilities are working together to lower the cost of power for Anchorage businesses and homes. They also answer questions about a recent suggestion from the Anchorage Economic Development Corporation that the two utilities merge. Listen to the interview here and read the 2007 Navigant study they reference here. 2020 ML&P PowerSmart Calendar Art Contest A contest designed for Anchorage students to share what they know about electrical safety, and energy conservation and efficiency. ML&P announces decrease in COPA rate and 28% decrease in the average monthly bill due to Plant 2A Municipal Light & Power’s 2018 second quarter filing with the Regulatory Commission of Alaska will decrease the Cost of Power Adjustment rate to $0.01024 per kWh, effective April 1, 2018 (including prior period adjustments). With this filing, ML&P’s COPA rate will be the lowest it has been since 2012. ML&P’s COPA rate has declined since 2017 due to fuel cost reductions associated with highly-efficient units at Plant 2A. This decrease has resulted in 28 percent savings or $36.25 on the overall monthly bill for the average ML&P residential customer consuming 550 kWh per month. (Calculation based on second quarter 2017 average ML&P residential customer bill and second quarter 2018 average ML&P residential customer bill.) ML&P Recognizes Fourth- and Fifth-Grade Students in the 2015 PowerSMART Calendar Municipal Light & Power held an art calendar contest for all fourth- and fifth-grade students in Anchorage last fall. The contest was designed for students to share what they know about electrical safety and energy conservation. Though it was a difficult decision for the ML&P team of employee judges, 13 entries were chosen for the 2015 ML&P PowerSMART calendar. Utility Fraud Alert: Scammers impersonating automated ML&P customer service phone system ML&P has received reports of impersonators mimicking the ML&P customer service representatives and the automated phone system recording The impersonators demand immediate payment for supposedly delinquent accounts. One of the reported numbers the scammers are using is 1-888-256-2216. Municipal Light & Power, Chugach Electric Association Acquire Natural Gas Municipal Light & Power, Chugach Electric Association Acquire Natural Gas Comments are closed.