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- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 88. Alternative Energy Revolving Loan Fund
- Section 500. Definition.
previous: Section 50. Disposal of Property Acquired By Default or Foreclosure.
next: Chapter 89. Residential Energy Conservation Fund
AS 45.88.500. Definition.
- (a) In this chapter, "alternative energy system"
- (1) means a source of thermal, mechanical or electrical energy which is not dependent on oil or gas or a nuclear fuel for
the supply of energy for space heating and cooling, refrigeration and cold storage, electrical power, mechanical power,
or the heating of water;
- (2) includes
- (A) an alternative energy property as defined by 26 U.S.C. 48(a)(3)(A) (Sec. 301, P.L. 95-618, Internal Revenue Code);
- (B) a method of architectural design and construction which provides for the collection, storage and use of direct
radiation from the sun;
- (C) a woodstove with a catalytic converter or a catalytic converter for a wood stove; and
- (D) a steam, hot water, or ducted hot air central heating system that uses wood or coal for fuel;
- (3) does not include
- (A) a stove that uses only wood, coal or oil for fuel; or
- (B) a fireplace or fireplace insert.
- (b) Notwithstanding any other provision in this chapter, a multifuel heating system that uses the combination of wood or
fossil fuel for fuel does qualify under this loan fund.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort
has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
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Last modified 9/3/2005