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Golden Valley Electric history
Golden Valley Electric company history timeline
Incorporated in 1946 in Fairbanks, Alaska, Golden Valley Electric Assn. took shape when a small group of locals became interested in bringing electric service to rural areas and furthering the agricultural industry in Interior Alaska.
GVEA purchased power from the F.E. Company until 1952, when GVEA purchased the plant.
AlasConnect was founded in 1999 as the telecommunications subsidiary of Golden Valley Electric Association in Fairbanks, Alaska.
GVEA energized the Northern Intertie (pictured) in October 2003.
Golden Valley’s Battery Energy Storage System (BESS) project came online in November 2003.
Initially providing fiber optic based telecommunications services in the interior of Alaska, AlasConnect expanded to offer Data Center and Managed IT Services in 2003, including a full regional hosting solution for business software and data.
GVEA launched SNAP, its renewable energy program in 2005.
The system peak of 223 MW was set in December 2007.
Eva Creek Wind came online in 2012, adding just under 25 MW of wind to our generation mix.
In 2015, AlasConnect was purchased by MTA providing a strategic alliance allowing us to augment our deep technical background with the capabilities and network reach provided by Alaska’s premier broadband network.
In 2017, the BESS responded to 72 events, preventing approx.
System reliability was 99% in 2017.
In the fall of 2018, GVEA will bring Healy Unit 2 online, which a 50MW coal-power plant.
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Golden Valley Electric competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION | 1939 | $10.0M | 100 | 2 |
| Great River Energy | 1999 | $1.0B | 1,600 | - |
| Minnkota Power Cooperative | 1940 | $415.4M | 350 | 2 |
| SWREA | 1937 | $64.7M | 80 | - |
| Central Electric Power Cooperative | 1948 | $1.2B | 110 | 5 |
| NNEC | 1937 | $39.4M | 57 | - |
| S.A. Comunale Co. | 1917 | $110.0M | 750 | 73 |
Golden Valley Electric history FAQs
Zippia gives an in-depth look into the details of Golden Valley Electric, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Golden Valley Electric. The employee data is based on information from people who have self-reported their past or current employments at Golden Valley Electric. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Golden Valley Electric. The data presented on this page does not represent the view of Golden Valley Electric and its employees or that of Zippia.
Golden Valley Electric may also be known as or be related to GVEA, Golden Valley Electric, Golden Valley Electric Assn., Golden Valley Electric Association, Golden Valley Electric Association Inc and Golden Valley Electric Association, Inc.