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- Alaska Statutes.
- Title 42. Public Utilities and Carriers
- Chapter 45. Rural and Statewide Energy Programs
- Section 160. Adjustments to Power Cost Equalization.
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Section 150. Definitions For AS
42.45.100
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Section 170. Equalization Assistance to Unregulated Utilities.
AS 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;
- (2) commission has approved a permanent or interim rate increase or decrease that establishes a higher or lower power
cost;
- (3) authority has discovered, in reviewing the monthly data submitted by the electric utility, discrepancies that require
adjustment of the power cost equalization; or
- (4) authority determines that appropriations are insufficient to finance full payments to eligible electric utilities.
- (b) An electric utility that is eligible to receive power cost equalization under this section and that receives power
cost equalization per kilowatt-hour approved by the commission shall report monthly to the authority within the time
and in the form the authority requires. An electric utility shall report
- (1) the power cost equalization per kilowatt-hour approved by the commission;
- (2) the total kilowatt-hours sold to each class of customer during the preceding month;
- (3) the total kilowatt-hours eligible for power cost equalization under this section sold to each class of customer during
the preceding month;
- (4) the total kilowatt-hours generated during the preceding month, if available;
- (5) any commission approved amendments to the schedule of rates in effect during the preceding month; and
- (6) an increase or decrease in the current unit price of fuel from the base price used by the commission in determining
power costs if the change is expected to result in a subsequent power cost equalization adjustment.
- (c) The provisions of AS 42.45.100
- 42.45.150 relating to the determination of the
amount of power cost equalization and payment of the equalization assistance apply to equalization assistance under
this section.
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