Alaska Supreme Court August 23, 2002, S-9839 (Matanuska Electric Ass'n v. Chugach Electric Ass'n)

OPINION

CARPENETI Justice.

I. INTRODUCTION

Retroactive ratemaking by a utility is prohibited in Alaska, as it is in the majority of jurisdictions in the United States. The Regulatory Commission of Alaska compelled Chugach Electric Association to refund payments collected as a result of a miscalculation in the cost of generation and transmission line loss.