Anchorage

Public meeting on ML&P sale set for March 5

  • Author: Devin Kelly
  • Updated: March 9
  • Published March 5

A public town hall meeting on the proposed sale of Municipal Light & Power, the city-owned electric utility, is happening Monday night at the Loussac Library.

The meeting is scheduled for 6 p.m. to 7:30 p.m. in the Anchorage Assembly chambers on the first floor of the library at 3600 Denali St. The event will be televised on Channel 9, streamed online on Mayor Ethan Berkowitz's official Facebook page, and recorded.

Officials plan to give a presentation on the proposed sale and answer questions from the audience.

The Berkowitz administration has proposed selling ML&P to Chugach Electric Association, the member-owned cooperative that provides power to much of the Anchorage Bowl. The price tag is about $1 billion.

A question about the sale will appear on the April city ballot as Proposition 10. The city is asking permission from voters to move forward with the expensive, time-consuming process of negotiating a sale document with Chugach Electric. The sale document will then be submitted to regulators, who would make the final call on whether the utility can be sold.

Mark Johnston, the general manager of ML&P, and Lee Thibert, the chief executive of Chugach Electric Association, were also scheduled to attend.

Anchorage is holding its first-ever vote-by-mail election this year. Ballots go out to registered voters March 13. The last day to vote is April 3.