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November 20, 2012

Fairbanks pays most for power

FAIRBANKS, Alaska (AP) — After having the highest utility costs in the nation in 2011, it looks like Fairbanks is paying even more this year.

Fairbanks paid 143 percent more than the typical U.S. household for its utility costs in the third quarter of 2012, according to a national survey of 304 urban areas in the country. Alaska's second-largest city had the distinction of paying the highest utility costs last year, with prices about 112 percent above average.

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