Utility subsidiary seeks withdrawal from state oversight

KENAI, Alaska (AP) – As the Homer Electric Association moves forward with its election to withdraw from the oversight of the state utilities regulator, the company’s subsidiary is also planning a deregulation election.
The subsidiary, Alaska Electric and Energy Cooperative, operates as a separate cooperative with HEA as its only member. The Regulatory Commission of Alaska announced AEEC’s plans to seek exemption from regulation by election Friday.
The Peninsula Clarion reports