The Importance of Power Cost Equalization
PCE was established in 1984 as a permanent solution for rural Alaska, while large investments were being made in urban energy projects. PCE “equalizes” electric rates to the average of the cost of power in Anchorage, Fairbanks and Juneau. Despite deep program cuts to reduce the cost of PCE, annual funding battles continued until the “PCE Endowment” was established in …