MEA Board of Directors approves third quarter 2013 rate adjustment

PALMER — The Matanuska Electric Association Board of Directors May 13 voted to authorize a 0.82 percent increase in base rates, effective the third quarter of 2013.

The monthly usage for MEA consumer averages about 800 kilowatt-hours of electricity per month.

“These consumers can expect to see a monthly increase of about $0.71 as a result of the base rate adjustment,” said spokesperson Kevin Brown.

Under the terms of rules set by the Regulatory Commission of Alaska, MEA is allowed to file for limited increases or decreases in base rates on a quarterly basis, provided that the adjustments stay within certain financial parameters established by the RCA.

The rate filing is based on the test year ending March 31 and will take effect during the first week of July, pending approval by the RCA.