There has been a misunderstanding between the City of Homer and Enstar Natural Gas.
Enstar helped fund the extension of its natural gas line to Homer in 2013. The state funded part of the extension too. However, the city and some in the Legislature were unaware that Enstar’s contribution was actually a loan with interest. Customers are supposed to pay the gas company back through an extra charge on their bill.
But, that loan balance isn’t dropping. In fact, it has grown by nearly $2 million