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Why Capital Credits?

By Adam Schwartz of The Cooperative Way. Capital credits, patronage dividends, patronage refunds—these are all familiar terms with similar meanings: the allocation of operating margins as equity and, when appropriate, retiring them to the members of the co-op in the form of money or credit on the bill. The retirement of capital credits is one […]

November 2017 Back Page – Fuel Costs are Rising

For the past three years, we have enjoyed the benefits of a depressed fuel market that has, unfortunately, also resulted in a severe budget shortfall for the state of Alaska. We have all felt the impacts of that budget shortfall, with critical services cut and programs sharply reduced. As the state’s coffers have depleted, the […]

July 2017 Back Page – Summer Is Here!

It hardly seems possible that half of 2017 has already slipped by into history. Everything at AVEC has shifted into high gear. You will see a lot of new AVEC faces in your communities as we welcome seasonal employees to help us with all of your service needs. You also will hear new voices […]

June 2017 – Bon Voyage, Nina!

May 12 was a bittersweet day for us at AVEC. We celebrated Nina Sterbenz’ last day before retirement. Nina came to work for AVEC almost 23 years ago. She knows almost every one of AVEC’s members, and they often asked for her—that sweet lady from Shishmaref! She worked in several departments during her time at […]

May 2017 – A Message From Meera:

It is with great sorrow that we learned on April 16, Easter Sunday, of the passing of Moses Paukan Sr. of St. Mary’s. Moses served as an AVEC board member from 1976 to 1979, and also served for several decades as St. Mary’s power plant operator. He was an AVEC mainstay and could be relied […]