Alaska Waste says a new revenue study shows its current rates do not produce an “adequate return.” They’re petitioning the Regulatory Commission of Alaska for double-digit rate hikes across the state.
In Kenai, the interim rate increase would be 10%, with a permanent increase of 31%.
In Anchorage, rates would rise 11.45% and in the Mat-Su customers would pay an extra 25%.
Fairbanks would be hardest hit, with some fees more than doubling. The steepest increase would be for a single 32-gallon container weekly pickup, which would jump from around $21 to $69, close to a 220% increase. The interim increase would be closer to 96%.
The company is hoping to raise overall annual revenues from $95,880 to $247,726.
Alaska Waste is a subsidiary of Waste Connections, a company based in Houston, Texas, which operates in 30 states.