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Over 300K residents of Alaska may soon see 10%-20% savings on their energy bills

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Over 300K residents of Alaska may soon see 10%-20% savings on their energy bills


The Alaska legislature has approved a bipartisan bill that will bring affordable, nonpolluting energy to thousands of renters and low-income residents. 

As detailed by Solar Power World on May 16, Senate Bill 152 is expected to make community solar power available to more than 260,000 renters and 79,000 Alaskans below the federal poverty line. Subscribers can anticipate a 10% to 20% reduction in their monthly electric bills. 

“It’s nice to see Alaska embrace the power of local, clean, distributed energy as an important part of their overall energy mix,” said Kevin Cray, the Coalition for Community Solar Access’ Mountain West Senior Regional Director. “… We applaud the legislature for recognizing this as a net positive for their constituents and urge Gov. [Mike] Dunleavy to sign this bill.”

The Inflation Reduction Act has helped many Americans obtain access to solar panels, which make our energy grid more resilient in the face of extreme weather events increasing because of a warming planet. They also contribute to a healthier world by reducing harmful pollution. 

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However, people in rental units sometimes face hurdles to installing panels because of building regulations. Additionally, while solar panels have become more affordable, the high upfront cost can still be too much for some low-income communities. 

Community solar programs help address those barriers. Save On Energy is a resource for people who want to transition to solar regardless of their housing type. Its free, quick solar estimate has helped thousands of people find the best rates in their areas with the guidance of experts. 

However, to this point, Alaska has been among the few states without any community solar programs in place, as The Alaska Center noted.   

Now, Senate Bill 152 is expected to change that. 

“We’ve heard so many times through our Solarize programs: What if I’m a renter? What if I can’t personally afford a solar installation? Finally, all Alaskans on the Railbelt will be able to subscribe to community energy installations and benefit from low-cost renewable power,” Chantal de Alcuaz, co-executive director of The Alaska Center, told Solar Power World. “… This gets us closer to a more equitable energy environment, where clean energy is available to all.” 

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Alaska has also received a boost from the Solar for All grant competition. In April, the Environmental Protection Agency announced that it was awarding $62.45 million to the Alaska Energy Authority and Alaska Native nonprofit Tanana Chiefs Conference for “long-lasting” solar programs that support disadvantaged communities.    

“This is common sense legislation that allows Alaskans to access the fastest-growing segment of the renewable energy industry,” Alaska Public Interest Research Group policy analyst Phil Wight said of Senate Bill 152, per Solar Power World. 

“With billions of dollars available from private financing and federal incentives, the bipartisan SAVE Act will enable Alaskans to supercharge the deployment of low-cost, clean electrical generation, further diversifying generation sources and providing significant consumer bill savings,” he added. “This is a bright day for Alaska.”

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Wayne and Wanda: I’m ready to break up with Alaska but facing resistance from everyone

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Wayne and Wanda: I’m ready to break up with Alaska but facing resistance from everyone


Dear Wanda and Wayne,

I never thought I’d be the person writing this letter, but after this winter, I think I might be done with Alaska. I was born here, grew up here, raised my family here, and never imagined living anywhere else. I defended Alaska to the haters. I rolled my eyes at people who retired to Arizona. I told myself long winters are worth it because summers are the best.

But this winter broke something in me. It was so long, dark, icy and relentless. By the time spring finally arrived, I felt angry that winter took so much out of me and that I spent months feeling trapped by weather, darkness and road conditions. Angry that I’m getting older and still structuring my life around surviving winters instead of enjoying my life. And at the time I’m writing this, this spring has sucked! My heat is still coming on every day. I’m still wearing my puffer jackets!

Part of me wonders if it’s not really about the winter at all. I’m divorced and my two kids are grown and doing their own thing, both staying in Alaska for now. For the first time in my life, nothing is really anchoring me to a place. And if I’m being honest with myself, in addition to feeling trapped by the weather, I’m bored with it here. The dating scene feels impossibly small. Every time I open a dating app, it’s the same people. Half the time I already know them, or know someone who dated them (and broken up with them for a good reason!).

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So I’m sketching out plans to move somewhere warmer, bigger and completely unfamiliar. I think I want to know what life feels like somewhere else while I’m still young enough to enjoy it. I really feel this is a moment for a big change.

The problem is that nobody seems supportive. When I bring it up, people act like I’m having a midlife crisis. Friends tell me I’ll regret it. Family members remind me that the kids are here. Other Alaskans give me the usual speech about how the Lower 48 is generic. It’s gotten to the point where I almost don’t talk about it anymore because I’m tired of defending myself.

But all the resistance has me questioning myself and whether moving is a legitimate and logical step, or whether I’m just exhausted from a hard winter and romanticizing a different life. How do you know the difference between running toward something and simply running away?

Wanda says:

You’re asking whether you’re running toward or away from something — essentially if you’re taking a positive step or being reactive. Those aren’t mutually exclusive. Sometimes we leave both because we’re exhausted by what we’ve been carrying, and also because we are moving toward something new at the same time.

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Every reason you listed for staying in Alaska has changed. You raised your children here? They’re grown. You had a marriage here? That chapter is closed. You tolerated winters for the sunny payoff? Nailed it: This spring has sucked.

Now you’re primed for a reset, and questioning how you want the near term and future of your life to unfold is not a crisis, it’s taking action. And it’s way more productive than floating along season to season in a fog of monotony, settling for an unfulfilling existence. Your friends and family may genuinely believe they’re protecting you from a mistake, but they’re also protecting their own worldview. Your decision to leave can feel like an implicit criticism of their choices.

But this isn’t a committee decision, and you’re a grown woman capable of major decisions, who absolutely should explore life’s possibilities without defending it to everyone you know. So go explore. Visit places. Rent before you buy. Spend a winter somewhere else. Gather information instead of arguments. And know that no matter where you land, you can always come home again — even if it’s just for a long visit in the middle of summer.

Wayne says:

This isn’t a midlife crisis that can be glossed over with a motorcycle, lip filler, a 20-something boyfriend (who probably went to high school with your kids — yikes), or kicking off your Cowgirl Era with a hat, boots and a two-week Nashville dive bar tour.

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This is an existential crisis with your health and happiness at risk. And you’ve faced it thoughtfully, sat with it thoroughly, and are now making the best decisions selfishly. Good for you! You can’t fault your family and friends for also being selfish and wanting you to stay in AK. Of course they don’t want their mom and friend moving far away. But you’ve got to mute that noise and focus on what’s best for you.

Yes, Alaska life is special, but it sure isn’t easy. And we don’t get medals for stubbornly battling through decades of winters. What we do get is some sweet and fleeting summer moments followed by more winters. You know that, and it’s not enough for you anymore.

Most people would totally understand an 18-to-20-year-old Alaska kid taking off to see what else is out there in the world. What, we’re supposed to stop being interested in new experiences once we hit a certain age? And we’re expected to stick around someplace forever just because we’ve always been there?

It’s time for you to go. See what life feels like when you’re not scraping ice off your windshield in May. See how much fun you can have with new people in new places. It’s exciting, it’s living, and you deserve it.

[Wayne and Wanda: Is it the winter blues I can’t shake off, or something more?]

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[Wayne and Wanda: Rebuilding my social life after a divorce]

[Wayne and Wanda: My relationship is poised for big steps, and I’m anxious]





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Here’s Why Alaska Air Shares Popped Higher This Week | The Motley Fool

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Here’s Why Alaska Air Shares Popped Higher This Week | The Motley Fool


Shares in Alaska Air Group (ALK 1.16%) rose by 12.7% in an excellent week for airline stocks. The move comes as the sector climbs a wall of worry driven by soaring jet fuel prices stemming from the closure of the Strait of Hormuz. While the market’s prior concerns are understandable, there’s growing anecdotal evidence suggesting that airlines, including Alaska Air, might emerge from the period in better shape than many expect.

This week’s airline updates

Southwest Airlines (LUV 0.83%) CEO Robert Jordan gave a presentation at the Bernstein 42nd Annual Strategic Decisions Conference, and his remarks surprised the market. It’s no secret that jet fuel prices have soared, and that’s challenging airlines’ profitability. Still, it doesn’t appear to have affected end demand, with Delta Air Lines previously telling investors that strong demand in the first quarter was continuing into the second quarter, even as it raised prices.

Today’s Change

(-1.16%) $-0.54

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Current Price

$46.05

That positive trend, with Southwest’s Jordan telling investors that Southwest had participated in seven consecutive fare increases with “no drop off in demand at all.” Jordan went on to note that “I’m becoming increasingly bullish that we will be able to cover these fuel increases with revenue increases,” and also believes that “the industry will retain a much higher percent of the fare increases that would be typical historically.”

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What it means to Alaska Air

Given that Alaska competes with Southwest on some routes and is suffering from rising jet fuel prices, the news from Southwest is particularly relevant. For example, in its recent first-quarter earnings report, Alaska’s management said higher fuel costs would impact earnings per share (EPS) by $0.70 in the first quarter and by more than $3 in the second quarter.

Air passengers.

Image source: Getty Images.

These are significant numbers from an airline that analysts expect to report a $0.77-per-share loss in 2026 and then $6.32 in EPS in 2027. However, if Alaska can offset fuel costs with higher prices, then those estimates might need a positive revision.

Lee Samaha has no position in any of the stocks mentioned. The Motley Fool recommends Alaska Air Group, Delta Air Lines, and Southwest Airlines. The Motley Fool has a disclosure policy.



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State of Alaska Secures Win in Fight for Transparency Around Oil Development

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State of Alaska Secures Win in Fight for Transparency Around Oil Development


 

Ninth Circuit Court of Appeals. Image-SOM

(Bethel, AK) –Wednesday, the Ninth Circuit Court of Appeals issued a favorable opinion for the State of Alaska in ConocoPhillips Alaska v. Alaska Oil and Gas Conservation Commission (AOGCC), agreeing that State laws requiring disclosure of oil well data are not preempted by federal law.

“Alaska relies heavily on our resources and resource development,” said Acting Alaska Attorney General Cori Mills. “We are also stewards of those resources for the citizens of Alaska. Alaska’s law both allows resource development now, and encourages further development and exploration in the future. We’re pleased that the Ninth Circuit recognized that federal law has not overridden Alaska’s balanced approach.”

The Alaska Oil and Gas Conservation Commission regulates oil and gas operations throughout Alaska, including within the National Petroleum Reserve–Alaska (NPR–A). Under Alaska law, companies need permits from the AOGCC to drill and must submit well data. The AOGCC is required to keep well data confidential for 24 months.

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ConocoPhillips drilled several wells on lease holdings within the NPR–A and submitted data to the AOGCC. When the 24-month period expired, the AOGCC notified ConocoPhillips of the upcoming well data disclosure. ConocoPhillips sued in federal court to stop the disclosure process claiming that the Naval Petroleum Reserves Production Act, the federal law allowing private exploration in the NPR–A, preempted Alaska’s 24-month disclosure law. The federal district court found Alaska law preempted, and the AOGCC sought appellate review by the Ninth Circuit Court of Appeals.

On appeal, the Ninth Circuit agreed with the AOGCC. The federal Production Act does not preempt state law. The Ninth Circuit therefore reversed the district court’s holding to the contrary.

“The Alaska Oil and Gas Conservation Commission is pleased with the court’s decision upholding Alaska law,” said AOGCC Commissioner Jessie Chmielowski in a declaration filed in the litigation court. “Alaska’s balanced approach to well data confidentiality leads to increased exploration activity, not less. Alaska law allows for a two-year confidentiality period on exploration well data to leverage a company’s investment in drilling. Thereafter, making the data public has incentivized exploration on the North Slope. Placing well data in the public record allows competing companies to evaluate different exploration concepts or interpretations based on seismic data that, without well data, are just educated guesses.”

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