SEAPA may not distribute a rebate in 2019

The Southeast Alaska Power Agency board of directors approved an $800,000 rebate at their meeting in Petersburg last month to be distributed among the communities of Ketchikan, Petersburg and Wrangell; however, it may be the last rebate the borough could receive, according to Bob Lynn, Petersburg’s voting member on the SEAPA board.

As some of the SEAPA facilities enter their 20-25 year life span, the board will be looking at all opportunities to save and borrow money and look for grant opportunities to replace the aging facilities, said Lynn at a borough assembly meeting last week. Currently,...

 

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