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 3.107.5. Emerging Energy Technology Grant Program. |
Section 3.107.710. Eligible grantees.
Latest version.
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(a) To be eligible for an emerging energy technology grant, an applicant must (1) be an eligible applicant under AS 42.45.375; and (2) demonstrate that the applicant will (A) own, operate, and maintain the emerging energy technology project, unless the grantee obtains the authority's consent under (b) of this section; (B) own, lease, or otherwise have adequate legal access to the site upon which the project is located; and (C) provide adequate demonstration of the technology. (b) The authority may consent to a grantee not owning an emerging energy technology project, or not retaining operation or maintenance responsibilities, if the authority determines that conditions imposed or the alternative ownership, operation, or maintenance protects the public interest in and benefit from the grant.
Authorities
42.45.375;44.83.080