Sec. 42.45.900. Assistance to rural utilities.
(a) The authority shall provide technical assistance to rural utilities including catastrophe prevention programs and other training programs for utility projects. The authority shall provide rural utilities with the technical assistance and training that the utilities need to improve the efficiency, safety, and reliability of their power systems and to prevent emergency situations from developing. […]
Sec. 42.45.910. Relationship with private sector.
The authority shall, to the maximum extent feasible, carry out its powers and duties under this chapter by entering into contracts with appropriate entities in the private sector.
Sec. 42.45.990. Definitions.
In this chapter, unless the context otherwise requires, (1) “authority” means the Alaska Energy Authority; (2) “feasibility study” (A) means a study conducted to establish the economic and environmental practicality of completing a proposed power project; (B) includes engineering and design work to meet the requirements for submission of a license application for a proposed […]
Sec. 42.45.180. Grants for utility improvements.
(a) The authority may make a grant from the fund for an eligible utility for a small power project that will reduce the cost of generating or transmitting power to the customers of the utility. The amount of the grant may not exceed 75 percent of the cost of the project. The authority may not […]
Sec. 42.45.190. Definition for AS 42.45.100 – 42.45.190.
In AS 42.45.100 – 42.45.190, “fund” means the power cost equalization and rural electric capitalization fund established under AS 42.45.100.
Sec. 42.45.250. Bulk fuel revolving loan fund.
(a) The bulk fuel revolving loan fund is established in the division to assist communities, utilities providing power in communities, and fuel retailers in communities in purchasing bulk fuel to generate power or supply the public with fuel for use in communities. A community, or a person generating power or selling fuel in a community […]
Sec. 42.45.260. Bulk fuel loan account; loans.
(a) The bulk fuel loan account is established as a separate account within the fund. The division may make loans from the bulk fuel loan account as provided in AS 42.45.250 – 42.45.299. (b) The division shall establish by regulation criteria under which communities or entities eligible under AS 42.45.250(a) may obtain a bulk fuel […]
Sec. 42.45.270. Bulk fuel bridge account; loans.
(a) The bulk fuel bridge loan account is established as a separate account within the fund. Subject to availability of funds in the account, the division may make bulk fuel bridge loans from the bulk fuel bridge loan account as provided in AS 42.45.250 – 42.45.299. (b) A community or person is eligible for a […]
Sec. 42.45.280. Bulk fuel loan and bulk fuel bridge loan interest rates.
(a) Except as provided under (b) and (c) of this section, interest shall be charged on a bulk fuel loan and bulk fuel bridge loan at a base rate of four percent. (b) The division may establish by regulation a program to reduce the interest rate on the second and subsequent bulk fuel loans obtained […]
Sec. 42.45.299. Definitions.
In AS 42.45.250 – 42.45.299, unless the context otherwise requires, (1) “community” means an organized municipality or an unincorporated village that is a social unit if the organized municipality or unincorporated village has a population of less than 2,000 people; (2) “division” means the division in the Department of Commerce, Community, and Economic Development that […]