HEA Casts AEEC Deregulation Vote

December 21, 2016 – Homer Electric Association, Inc. (HEA) announces that on December 21, 2016, it cast its single vote not to deregulate its subsidiary, Alaska Electric and Energy Cooperative (AEEC) from the Regulatory Commission of Alaska (RCA).

Upon confirmation that the HEA membership voted against deregulation from the RCA and the vote had been certified by the RCA, HEA echoed the wishes of its members and voted NO to deregulating the AEEC from the RCA.

Because of the rules governing a deregulation election, a separate election was required for HEA’s subsidiary, AEEC, with HEA voting as the only member of the subsidiary.