00                      CS FOR HOUSE BILL NO. 294(ENE)                                                                    
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 600 [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;                                                                                              

01                      (B)  customers that are state or federal offices or state or                                   
02            federal facilities; and                                                                                  
03                      (C)  nonresidential customers of the utility that consume                                      
04            more than 2,400 kilowatt-hours of power a month.                                                         
05    * Sec. 2. AS 42.45.110(d) is amended to read:                                                                      
06            (d)  An electric utility whose customers receive power cost equalization under                               
07       AS 42.45.100 - 42.45.150 shall set out in its tariff the rates without the power cost                             
08       equalization and the amount of power cost equalization per kilowatt-hour sold. The                                
09       rate charged to the customer shall be the difference between the two amounts. Power                               
10       cost equalization paid under AS 42.45.100 - 42.45.150 shall be used to reduce the cost                            
11       of all power sold to local community facilities, in the aggregate, to the extent of 70                            
12       kilowatt-hours a [PER] month for each [PER] resident of the community, and to                             
13       reduce the cost of the first 600 [500] kilowatt-hours for each [PER RESIDENTIAL]                          
14       customer a month for all other classes served by the electric utility except state                            
15       and federal offices and state and federal facilities and nonresidential customers of                          
16       the utility that consume more than 2,400 kilowatt-hours of power a [PER] month.