Governor Palin proposes energy corporation

From the Anchorage Daily News on Sunday, February 8, 2009:

Gov. Sarah Palin plans to introduce a bill calling for creating a joint corporation of the six Railbelt electric utilities.

Palin says such an entity could unite a “fragmented group of rival utilities” and could save rate payers $40 million annually.

The utilities are Fairbanks-based Golden Valley Electric Association, Homer Electric Association, Anchorage’s Municipal Light and Power, Chugach Electric Association, the City of Seward and Matanuska Electric Association.

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