In rural Alaska, dividend checks do more than pay for new sofas. Meera Kohler is the President and CEO of the Alaska Village Electric Cooperative or AVEC. Kohler says, many people in village pre-pay their winter electric bills with their PFD. She says the day checks get deposited is the busiest day of the year for AVEC.
The Naknek Electric Association has released a plan explaining where they’re going with their geothermal project. The member-owned electricity cooperative filed for bankruptcy last year after problems with the more than decade-old geothermal exploration.