# Energy, Enterprise, & Utilities Oversight Committee-of-the-Whole Committee Meeting

The Municipality of Anchorage’s Energy, Enterprise, & Utilities Oversight Committee-of-the-Whole met on November 13, 2026. The committee received an update on agreements between Anchorage Water and Wastewater Utility (AWWU) and the Eklutna hydro project owners. The Assembly had previously approved the agreements’ framework; final legal drafting and technical diagrams were still underway, and no procurement approval or spending vote occurred at this meeting. Under the proposed water-supply agreement, AWWU’s compensation would be capped at $600,000 annually, adjusted for inflation, compared with current payments of about $1 million–$1.2 million per year. The agreement would also provide the Municipality with first refusal on certain assets if the power plant closes and transfer 37 million gallons per day of water rights to the Municipality in 2055. Changes discussed included flexibility in river-crossing designs and the location of the project connection to AWWU infrastructure.

Anchorage Hydropower presented preliminary pumped-storage concepts with estimated capital costs of $1.5–$1.7 billion, potential annual power revenue of about $25 million, and possible federal tax credits and grant funding; the alternatives remain under review, with stakeholder and governor decisions anticipated in the coming months. Stantec was hired for the pumped-storage study, and Tetra Tech was retained to explore lower-cost alternatives. The committee also heard that a stormwater advisory commission is developing ideas without a consultant, work plan, or set deadlines. Energy-resilience updates included an Egan Center solar expansion underway and rooftop solar at the Solid Waste Services central transfer station expected to be constructed in 2027. No new contract awards, bid approvals, or spending motions were identified.

**Jurisdictions:** sled
**Industries:** Energy & Utilities, Construction & Infrastructure
**Topics:** Physical Infrastructure, Grants & Funding
**Published:** November 13, 2026

### Sources
- [Energy, Enterprise, & Utilities Oversight Committee-of-the-Whole Committee Meeting](https://www.youtube.com/watch?v=f-_xtYePqz0) - Municipality of Anchorage