Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.107. Grant Programs. |
Article 3.107.1. Power Cost Equalization Program. |
Section 3.107.260. Standards for customer eligibility.
Latest version.
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To receive a power cost equalization payment, a customer of an eligible electric utility (1) must be billed by the utility in accordance with the relevant tariff, rate structure, separate demand charge, or minimum charge; (2) shall make timely payments to the utility, for the electric power purchased, at least annually or on an appropriate schedule throughout the year, and in an amount equal to the required annual payment, if this practice is justified by the community's seasonal economy, the local utility rule, and the economic feasibility of the practice by the local utility; and (3) shall pay to the utility at least the applicable base amount determined by the commission under AS 42.45.110 and 3 AAC 52.160, plus the difference between the utility rate and the amount of power cost equalization, for each kilowatt-hour consumed.
Authorities
42.45.100;42.45.110;42.45.120;42.45.130;42.45.140;42.45.150;42.45.160;42.45.170;44.83.080
Notes
Authority
AS 42.45.100 AS 42.45.110 AS 42.45.120 AS 42.45.130 AS 42.45.140 AS 42.45.150 AS 42.45.160 AS 42.45.170 AS 44.83.080History
Eff. 2/16/96, Register 137