Homer Electric raising rates
On the Kenai Peninsula, Homer Electric Association members can expect a four-percent increase in their monthly power bill beginning on Jan. 1.
The association regularly reassess the cost of power.
“We adjust this on a quarterly basis and it primarily reflects the cost of natural gas used by generation power HEA members," said HEA spokesman Bruce Shelley.
The average resident will see their bill go up by $1.49 per month.
But Shellley says there are many ways to decrease an electric bill. For instance, upgrading lights to LED bulbs or use hot water more efficiently.