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CSHB 28(FIN): "An Act requiring retail suppliers of electricity to disclose sources of electricity to consumers."

00 CS FOR HOUSE BILL NO. 28(FIN) 01 "An Act requiring retail suppliers of electricity to disclose sources of electricity to 02 consumers." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 05 to read: 06 FINDINGS AND PURPOSE. (a) The legislature finds that there is a need for reliable, 07 accurate, and timely information regarding fuel sources for electric generation offered for 08 retail sale in the state. 09 (b) The purpose of this Act is to establish a program under which entities offering 10 electrical services in the state disclose reliable, accurate, and easily understandable 11 information on the sources of energy that are used to provide electrical services. 12 * Sec. 2. AS 42.05 is amended by adding a new section to read: 13 Sec. 42.05.695. Electrical generation sources disclosure. (a) A retail supplier 14 that makes an offering to sell electricity that is consumed in the state shall annually

01 disclose the sources of the electricity to consumers. The time and manner for 02 disclosure by retail suppliers shall be established by regulation by the Regulatory 03 Commission of Alaska. 04 (b) The cost of making the disclosures required by this section shall be 05 considered to be generation-related. 06 (c) An electric utility that does not gross more than $5,000,000 annually is 07 exempt from the provisions of this section. 08 * Sec. 3. AS 42.05.711(b) is amended to read: 09 (b) Except as otherwise provided in this subsection and in (o) of this section, 10 public utilities owned and operated by a political subdivision of the state, or electric 11 operating entities established as the instrumentality of two or more public utilities 12 owned and operated by political subdivisions of the state, are exempt from this 13 chapter, other than AS 42.05.221 - 42.05.281, 42.05.385, and 42.05.695 [AND 14 42.05.385]. However, 15 (1) the governing body of a political subdivision may elect to be 16 subject to this chapter; and 17 (2) a utility or electric operating entity that is owned and operated by a 18 political subdivision and that directly competes with another utility or electric 19 operating entity is subject to this chapter and any other utility or electric operating 20 entity owned and operated by the political subdivision is also subject to this chapter; 21 this paragraph does not apply to a utility or electric operating entity owned and 22 operated by a political subdivision that competes with a telecommunications utility. 23 * Sec. 4. AS 42.05.711(h) is amended to read: 24 (h) A cooperative organized under AS 10.25 may elect to be exempt from the 25 provisions of this chapter, other than AS 42.05.221 - 42.05.281 and 42.05.695, under 26 the procedure described in AS 42.05.712.