Utility companies across Alaska to come together to form single organization to improve standards
A bill bringing together utility companies, power producers, and consumer groups in Alaska has been signed into law by Governor Mike Dunleavy.
Senate Bill 123 will establish a framework for these organizations to work together on enforceable standards to improve Railbelt electric reliability and cybersecurity. The bill is expected to save ratepayers money in the long-term when it comes to large new generation and transmission projects.
This framework, called an Electric Reliability Organization, should set standards that all individual entities should meet, and should be “up and running by mid-2021” according a press release from Senator John Coghill’s office.
Senator Coghill (R – North Pole) chairman of the Special Senate Railbelt Electric System Committee, is quoted in the release as saying, “On behalf of electric utility customers from Fairbanks to the Matanuska and Susitna valleys, from Anchorage through the Kenai Peninsula to Homer and Seward, SB 123 will foster cooperation among the interconnected utilities and ensure consumer needs are efficiently and reliably met.”