00                            HOUSE BILL NO. 294                                                                          
01 "An Act relating to the power cost equalization program."                                                               
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 42.45.110(b) is amended to read:                                                                   
04            (b)  An eligible electric utility is entitled to receive power cost equalization                             
05                 (1)  for sales of power to local community facilities, calculated in the                                
06       aggregate for each community served by the electric utility, for actual consumption of                            
07       not more than 70 kilowatt-hours a month for each resident of the community; the                                   
08       number of community residents shall be determined annually by the latest figures of                               
09       the United States Bureau of the Census or other population data that the Department of                            
10       Commerce, Community, and Economic Development determines is reliable; and                                         
11                 (2)  for actual consumption of not more than 700 [500] kilowatt-hours a                             
12       month sold to each [RESIDENTIAL] customer in all classes served by the electric                               
13       utility except                                                                                                
14                      (A)  customers of the utility covered under (1) of this                                        
15            subsection; and                                                                                          

01                      (B)  customers that are state or federal offices or state or                                   
02            federal facilities other than public schools.                                                            
03    * Sec. 2. AS 42.45.110(d) is amended to read:                                                                      
04            (d)  An electric utility whose customers receive power cost equalization under                               
05       AS 42.45.100 - 42.45.150 shall set out in its tariff the rates without the power cost                             
06       equalization and the amount of power cost equalization per kilowatt-hour sold. The                                
07       rate charged to the customer shall be the difference between the two amounts. Power                               
08       cost equalization paid under AS 42.45.100 - 42.45.150 shall be used to reduce the cost                            
09       of all power sold to local community facilities, in the aggregate, to the extent of 70                            
10       kilowatt-hours per month per resident of the community, and to reduce the cost of the                             
11       first 700 [500] kilowatt-hours per [RESIDENTIAL] customer per month for all other                         
12       classes served by the electric utility except state and federal offices and state and                         
13       federal facilities other than public schools.