Sec. 42.45.130. Cost minimization.
(a) In order to qualify for power cost equalization, each electric utility shall make every reasonable effort to minimize administrative, operating, and overhead costs, including using the best available technology consistent with sound utility management practices. In reviewing applications for power cost equalization, the commission may require the elimination of unnecessary operating expenses. Each eligible […]
Sec. 42.40.980. Definitions.
In this chapter unless the context otherwise requires, (1) “board” means the board of directors of the Alaska Railroad Corporation; (2) “bonds” means bonds, bond anticipation notes, notes, refunding bonds, or other obligations; (3) “collective bargaining” means the performance of the mutual obligation of the corporation or its designated representatives and the representatives of the […]
Sec. 42.45.140. Customer petitions.
If the authority receives a petition requesting power cost equalization, signed by at least 25 percent of the customers of an electric utility that is subject to rate regulation under AS 42.05 and that has not applied for power cost equalization under AS 42.45.100 – 42.45.150, the authority shall require the utility to submit a […]
Sec. 42.40.990. Short title.
This chapter may be referred to as the Alaska Railroad Corporation Act.
Sec. 42.45.150. Definitions for AS 42.45.100 – 42.45.150.
In AS 42.45.100 – 42.45.150, (1) “commission” means the Regulatory Commission of Alaska. (2) “community facility” means a water and sewer facility, public outdoor lighting, charitable educational facility, or community building whose operations are not paid for by the state, the federal government, or private commercial interests; (3) “eligible electric utility” or “electric utility” means […]
Sec. 42.45.010. Power project fund.
(a) The power project fund is established as a separate fund. The fund shall be distinct from any other money or funds of the authority and includes only money appropriated by the legislature, proceeds from the sale of loans appropriated by the legislature, and money deposited under (g) of this section. (b) The authority may […]
Sec. 42.45.160. Adjustments to power cost equalization.
(a) The commission may adjust the power cost equalization per kilowatt-hour, determined under AS 42.45.100 – 42.45.150, payable to an electric utility that is subject to rate regulation under AS 42.05 if the (1) commission has approved a fuel cost rate adjustment caused by an increase or decrease in the electric utility’s cost of fuel; […]
Sec. 42.45.020. Rural electrification revolving loan fund.
(a) The rural electrification revolving loan fund is established in the authority. The fund consists of (1) appropriations made to the fund; and (2) repayments of principal and interest on loans made under this section. (b) The authority may make loans from the rural electrification revolving loan fund to electric utilities certified under AS 42.05. […]
Sec. 42.45.170. Equalization assistance to unregulated utilities.
(a) An electric utility that is not subject to rate regulation by the Regulatory Commission of Alaska under AS 42.05 may receive power cost equalization if the utility is otherwise eligible for equalization assistance under AS 42.45.100 – 42.45.150 and if the utility (1) files with the commission financial data necessary to determine the power […]
Sec. 42.45.040. Southeast energy fund.
(a) The Southeast energy fund is established as a separate fund. The fund consists of (1) money appropriated to the fund by the legislature; (2) money transferred to it under former AS 42.45.050; (3) gifts, bequests, contributions from other sources, and federal money; (4) interest earned on the fund balance; and (5) investments, to be […]