Benefits of Consolidating Chugach Electric & ML&P

VOTE YES on PROP 10 by mail starting March 13 or at Accessible Vote Centers from March 26 through April 3.

Lower long-term electric rates
Member-owned cooperative
No property tax increases
Greater efficiency = lower costs
No layoffs at either utility
Good for local economy
Vote Yes on Prop 10

On January 23, 2018, the Anchorage Assembly approved Ordinance No. 2018-1(S) which adds a Proposition 10 on the 2018 Municipal Ballot asking voters if they want to authorize the city to negotiate a final consolidation agreement with Chugach Electric. The municipal election day is Tuesday, April 3, 2018, however, registered voters can begin voting by mail on March 13, 2018.

YES ON 10: ANCHORAGE VOTERS HAVE THE POWER TO DECIDE

Because ML&P is owned and operated by the City, Anchorage voters must authorize its sale to Chugach Electric by VOTING YES ON PROP 10. If approved by voters, the City and Chugach Electric will finalize terms for the Anchorage Assembly to review and approve.

Chugach Electric is owned by its members and has proudly served Anchorage for 70 years. Chugach has the financial strength and credit ratings to consolidate with ML&P, with no layoffs at either utility.

2018 MUNICIPALITY OF ANCHORAGE ELECTION
  • March 4, 2018 Voter Registration Deadline (click to register)
  • March 13, 2018 New Vote by Mail Begins
  • March 26, 2018 Accessible Vote Centers Open
  • April 3, 2018 Last Day to Vote
A Win-Win for Anchorage
Anchorage residents, businesses, and community organizations support the Chugach Electric-ML&P Consolidation.

With the recent dramatic rise in electric rates in Anchorage, businesses have been hit hard - especially large rate payers like hospitals, hotels, and large office buildings.  The purchase of ML&P by Chugach Electric Association is a critical step to bringing these ballooning costs under control for all ratepayers in the coming years.  And, it will keep control of Anchorage’s electric grid in the hands of Anchorage’s citizens. This is a good deal for our city.

Wally Hickel Jr.Hotel Captain Cook, Chairman & CEO, Hickel Investments

This is an issue that has been talked about for decades in Anchorage and one that I am very happy to support for many reasons.

Tom McGrathformer owner, Frigid North Electronics Co.

This is a good, reasonable option to present to voters and let voters decide.

Amy DemboskiAnchorage Assembly, Jan. 23, 2018

BOTTOM LINE: Sale of ML&P looks like a good move on good terms.

Anchorage Daily NewsEditorial Board, Jan. 13, 2018

AEDC feels that Anchorage's electric utility marketplace is a key element to our city's future economic health and competitiveness.

Bill PoppCEO, Anchorage Economic Development Corporation

Having one entity, we can combine all the technical and engineering expertise for the benefit of ratepayers.

Lee ThibertCEO, Chugach Electric Association