June 14, 2018 – Homer Electric Association, Inc. (HEA) members will see an increase in their monthly bills beginning July 1, 2018.
HEA proposes an increase to the Cost of Power Adjustment (COPA) rate from $0.06701 per kilowatt hour (kWh) to $0.07270 kWh, which is an increase of 8.49%. The COPA is adjusted on a quarterly basis and primarily reflects the cost of natural gas used to generate power for HEA members.
The average residential member who uses 550 kWh/month will see a $3.13 increase in their bill. The primary driver of the increase is HEA’s greater reliance on its higher priced baseload gas contract going forward to fuel generation, compared to lower priced gas spot market opportunities that HEA has been able to act upon year to date.
The COPA decrease will be effective for all billings beginning July 1, 2018.
Join HEA for a Line Extension Update Luncheon on Wednesday, June 20, 2108 from Noon to 1:00 pm at either the Kenai or Homer HEA board rooms.
Lunch is on us!
RSVP by June 18 to Bruce Shelley, Director of Member Relations at email@example.com.
May 4, 2018 – Homer Electric Association members elected three directors at the cooperative’s 68th Annual Meeting of the Members in Homer on May 3, 2018.
In District 1 (Kenai – Nikiski – parts of Soldotna area), incumbent director David B. Thomas of Kenai received 771 votes and Jason M. Ross received 247 votes.
In District 2 (Soldotna – Sterling- Kasilof area), incumbent director Dave Carey of Soldotna ran unopposed and received 922 votes.
In District 3 (South Kasilof – Kachemak Bay area), Roy Champagne of Anchor Point received 901 votes and ran unopposed.
The Annual Meeting drew a crowd of over 250 people. The meeting featured informational booths with an emphasis on HEA services and programs.
The Annual Meeting also featured the winners of Homer Electric’s Safety Poster Contest, Youth Rally selections and HEA Scholarship Program recipients.
April 18, 2018 – Homer Electric Association (HEA) is again getting reports from area businesses regarding suspicious phone calls.
The fraudulent caller impersonates a utility representative and requests payment for the customer’s supposed past due bill and threatens immediate disconnection of electric service if the bill is not paid. The goal of the scammers is to obtain credit card numbers or other financial information and payment.
If a suspicious phone call is received, end the phone call and contact Homer Electric for verification and to check the status of your account.
Homer Electric has a protocol for contacting members which includes advanced notification prior to a phone call and the cooperative does not threaten to cut off power immediately.
Scammers are becoming smarter, so don’t be fooled by caller ID even if it says Homer Electric Association.
Never give anyone your personal information such as your Social Security number, bank account number or credit card number unless you initiated the conversation and you are confident the transaction is legitimate. If you have questions or need additional information, please call 1-800-478-8551.
March 14, 2018 – Four candidates will be on the ballot for the Homer Electric Association, Inc. (HEA) Board of Directors’ 2018 election. The deadline to apply for a seat on the board was March 2, 2018.
HEA directors are elected by the members in their respective district, with members voting only for the candidates residing in their district. This year, the following candidates are seeking election to the HEA board:
• In District 1 (Kenai – Nikiski – parts of Soldotna area), the candidates are incumbent David B. Thomas of Soldotna and Jason M. Ross of Nikiski.
• In District 2 (Soldotna – Sterling – Kasilof), the candidate is incumbent Dave Carey of Soldotna.
• In District 3 (Kasilof south to Kachemak Bay area), the candidate is Roy Champagne of Anchor Point.
The ballots will be mailed to HEA members on April 2, 2018. Completed mail-in ballots must be received by mail no later than May 2, 2018, for validation. If HEA members are unable to complete a mail-in ballot, members will also have an opportunity to vote at the 2018 Annual Meeting of the Members, which will be held May 3, 2018 at Homer High School.
March 19, 2018 – Homer Electric Association, Inc. (HEA) members will see a decrease in their monthly bills beginning April 1, 2018.
HEA proposes a decrease to the Cost of Power Adjustment (COPA) rate from $0.07077per kilowatt hour (kWh) to $0.06701 kWh, which is a drop of 5.32%. The COPA is adjusted on a quarterly basis and primarily reflects the cost of natural gas used to generate power for HEA members.
The average residential member who uses 550 kWh/month will see a $2.06 reduction in their bill. The primary driver for this decrease has been the ability of HEA to make purchases of spot market gas at lower prices than its base contract. These opportunities are not always available, so when they present themselves, HEA acts on the opportunity to lower costs on behalf of the membership.
The COPA decrease will be effective for all billings beginning April 1, 2018.
March 19, 2018 – Homer Electric Association, Inc. (HEA), a member-owned not-for-profit electric cooperative, is distributing $1.72 million in capital credits to its members. Distribution of capital credits will be to approximately 8,400 members and former members the week of April 16, 2018.
HEA will distribute capital credit checks to people who were members of HEA during 1987 and 1988. The amount of each check is determined by the quantity of electricity purchased during each of those years; the more electricity purchased, the greater the capital credit check will be.
The average check for someone who was a residential member in both 1987 and 1988 will be approximately $65.00.
Capital credits represent HEA members’ share of equity in the utility and is one of the benefits of being a member of an electric cooperative compared to an investor owned utility. Capital credits are based on a margin, which is the difference between total expenses and total revenues of the cooperative. Each year, HEA allocates margins to its members in proportion to the amount they paid for electric service.
While the allocation is done annually, the return of margins in the form of a capital credit check occurs at the discretion of the Board of Directors, based on the financial health of the cooperative.
Prior to refunding capital credits, the cooperative uses its margins to maintain equity and fund long-term capital projects to improve and upgrade the electrical system.
From 1960 through 2018, HEA has returned over $20.62 million in capital credits to members of the cooperative.
Homer Electric Association, Inc. (HEA) experienced an outage starting Friday night, March 16, 2018 at 6:30 PM in Seldovia. The initial outage affected 192 members from Seldovia to Nanwalek. At 7:15 PM the generator in Port Graham was put on line and power was restored to 178 members in Port Graham and Nanwalek. Fourteen members along Willard Way in Seldovia still remained without power until a crew could fly the line and make repairs on Saturday afternoon. At 3:16 PM, the HEA crew found a faulted jumper and completed repairs at 5:55 PM, returning power to the remaining 14 members.
March 5, 2018 – Homer Electric Association, Inc. (HEA) crews responded to multiple outages throughout the day on Saturday, March 3, 2018 in response to scattered outages in the Homer area. The outages affected the following areas:
- Homer McDonalds, cause of outage was a broken fuse holder and lighting arrestor
- Ocean Drive Loop in Homer, 69 members, cause of outage was a broken fuse holder
- Ben Walters Lane in Homer, 105 members, cause of outage was a broken fuse holder and lighting arrestor
- North of Homer along the Old Sterling Highway, 110members, no cause was found