Vote in favor of Anchorage Prop 10 is a vote to increase your electric rates

When you have two electric companies in a city you usually have competition.  In the case of having Chugach Electric buying Anchorage Municipal Light and Power.  You are just consolidating service areas.  These companies do not compete with each other.  The reason your electric rates will increase is because in order to pay to buy off the debt of Anchorage Municipal Light and Power.  You will need to find the revenue somewhere.  That usually comes in higher rates.  As we have found out in the Anchorage taxi industry and other businesses when you have less of a product.  The quality of product goes to hell.  Even if does save taxpayers money it will not save you in money increased electric rate.  Look at your cable bill lately if you are GCI customer good example.  Vote no on Anchorage Proposition 10 you save your money on your light bill.