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 3.107.3. Electrical Service Extension Fund Grants. |
Section 3.107.510. Grant limits.
Latest version.
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(a) The maximum dollar amount of a grant is 25 percent of the total amount of money appropriated to the fund in any given fiscal year, or $100,000, whichever is greater. (b) A grant may not exceed 60 percent of the total eligible project costs. (c) An electric utility may submit multiple applications. Each application must be for a project clearly and distinctly separate from the other and not a phase, continuation, or extension of another project for which an application is made under AS 42.45.200.
Authorities
44.45.200;44.83.080