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- Alaska Statutes.
- Title 46. Water, Air, Energy, and Environmental Conservation
- Chapter 11. Conservation of Energy and Materials
- Section 50. Financing of Energy Efficient Homes and Buildings.
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Section 40. Applicability of Thermal and Lighting Energy Standards to Residential Buildings.
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Section 60. Recycling of Materials By State Agencies.
AS 46.11.050. Financing of Energy Efficient Homes and Buildings.
- (a) After December 31, 1980, a financial institution shall take into consideration the economic benefits of alternative
energy systems, life-cycle energy costs, energy efficient building design, and energy conservation when financing homes
and buildings with state financial assistance.
- (b) After December 31, 1980, a financial institution that makes home mortgage loans with money provided to it by the
commissioner of revenue from surplus state general fund investments authorized by AS 37.10.070
, or a state agency that makes a direct home mortgage loan to an applicant, shall include estimated heating and
lighting costs as determined by an energy audit in standard principal, interest, taxes, and insurance calculation of
the cost of buying a housing unit. An applicant for a home mortgage loan shall provide the financial institution or the
state agency with a copy of an energy audit.
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