Legislature(2009 - 2010)SENATE FINANCE 532

03/25/2010 09:00 AM FINANCE


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09:34:05 AM Start
09:34:11 AM SB220
01:42:39 PM Adjourn
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
-- Meeting Delayed to 9:30 a.m. --
+ SB 220 ENERGY EFFICIENCY/ ALTERNATIVE ENERGY TELECONFERENCED
Heard & Held
+ Bills Previously Heard/Scheduled TELECONFERENCED
SENATE BILL NO. 220                                                                                                           
                                                                                                                                
     "An Act  declaring a state  energy policy;  relating to                                                                    
     energy efficiency and  alternative energy; establishing                                                                    
     the energy  efficiency grant  fund, an  emerging energy                                                                    
     technology  fund,  a  renewable energy  production  tax                                                                    
     credit,  and an  energy use  index; and  relating to  a                                                                    
     fuel  purchasing  cooperative,   to  energy  codes  and                                                                    
     efficiency  standards, to  energy conservation  targets                                                                    
     in  public  buildings, to  a  state  agency energy  use                                                                    
     reduction  plan, to  the  alternative energy  revolving                                                                    
    loan fund, and to the renewable energy grant fund."                                                                         
                                                                                                                                
9:34:11 AM                                                                                                                    
                                                                                                                                
SENATOR WEILOCHOWSKI  stated that  the fiscal  note attached                                                                    
to  HB 220  was about  $1.3  million, and  he believed  that                                                                    
money could be recouped within a year.                                                                                          
                                                                                                                                
SENATOR LESIL  MCGUIRE remarked that the  $1.3 million would                                                                    
be for program execution,  relating to energy efficiency and                                                                    
bulk fuel  loans. Currently  the state  spends approximately                                                                    
$52 million on combined heat  and utility costs. With energy                                                                    
retrofitting  provisions  proposed  in SB220,  she  believed                                                                    
that long  term savings  would occur.  She pointed  out that                                                                    
there would be  revolving loan funds for  the private sector                                                                    
and municipalities.                                                                                                             
                                                                                                                                
9:38:25 AM                                                                                                                    
                                                                                                                                
Senator McGuire believed the revolving  loan fund would be a                                                                    
way to help  partner with schools to lower  costs of energy.                                                                    
The  bill encouraged  municipalities and  private businesses                                                                    
to  reduce  energy costs,  but  it  is  not a  mandate.  She                                                                    
pointed out that  the bill outlined a  production tax credit                                                                    
for  renewable  energy.  She remarked  that  there  were  no                                                                    
renewable  energy  projects  that generate  income  for  the                                                                    
state. She  explained the  Emerging Energy  Technology Fund:                                                                    
seed money is  used to attract high level  companies who are                                                                    
looking at  cutting edge technologies.  She pointed  out the                                                                    
United States  Department of Energy  has an  Emerging Energy                                                                    
Technology  Fund,  and  it  was  accessed  by  companies  to                                                                    
develop  technologies that  have  reshaped  the natural  gas                                                                    
market. The  Denali Commission utilized the  Emerging Energy                                                                    
Technology  Fund  idea,  and  put  it  into  place  with  $4                                                                    
million. Results were felt throughout  the state, due to the                                                                    
Denali Commission's program. She  believed the program would                                                                    
leverage federal funds and private trust funds.                                                                                 
                                                                                                                                
9:44:09 AM                                                                                                                    
                                                                                                                                
Senator  Ellis queried  the interplay  between the  existing                                                                    
renewable  energy fund,  and the  emerging technology  fund.                                                                    
Senator  McGuire  replied  that the  Renewable  Energy  Fund                                                                    
related  to projects  that  involve  proven or  demonstrated                                                                    
technologies.  The  Emerging  Energy Technology  Fund  deals                                                                    
with cutting edge or developing technologies.                                                                                   
                                                                                                                                
9:47:22 AM                                                                                                                    
                                                                                                                                
MICHELLE  SYDEMAN, STAFF,  BILL  WIELECHOWSKI, reviewed  the                                                                    
PowerPoint presentation: "Alaska  Sustainable Energy Act: SB
220."  The  bill  was  a product  of  the  Senate  Resources                                                                    
Committee  and  the  Senate  Special  Committee  on  Energy.                                                                    
Hearings  in  different  communities were  held  during  the                                                                    
interim. Because the hearings  were conducted in relation to                                                                    
scheduled events, attendances at the hearings were high.                                                                        
                                                                                                                                
9:49:06 AM                                                                                                                    
                                                                                                                                
Ms.  Sydeman   stated  that   research  and   outreach  were                                                                    
conducted with  various energy-related  organizations (Slide                                                                    
4):  Renewable  Energy  Alaska Program,  Alaska  Center  for                                                                    
Energy  and  Power,  Alaska   Federation  of  Natives,  Cold                                                                    
climate Housing Research  Center, Commonwealth North, Alaska                                                                    
Power  Association, and  the Southeast  Conference. Products                                                                    
were  developed  as  a  result   of  the  various  community                                                                    
hearings  (Slide   5):  State  Energy  Policy   and  Program                                                                    
Recommendations  (50+ pages),  Budgetary  (Letter to  Senate                                                                    
Finance Committee) and Statutory (SB 220).                                                                                      
                                                                                                                                
Ms Sydeman remarked that plans  and policies in other states                                                                    
were considered  when drafted the bill;  sub-committees were                                                                    
convened, combining the House  and Senate staff; and experts                                                                    
were interviewed-all  with the  intent of drafting  the bill                                                                    
to meet expectations.                                                                                                           
                                                                                                                                
9:50:44 AM                                                                                                                    
                                                                                                                                
MICHAEL PAWLOWSKI,  STAFF TO MCGUIRE, stated  that the goals                                                                    
for  SB220 were  to provide  affordable and  reliable energy                                                                    
for  Alaska families  and businesses;  to stimulate  private                                                                    
sector   investment;  to   produce   long-term  savings   by                                                                    
maximizing energy  efficiency; to have the  state government                                                                    
lead by example; and to promote innovation. (Slide 7)                                                                           
                                                                                                                                
Mr.  Pawlowski presented  the major  bill components  (Slide                                                                    
8): a  state energy policy; the  Energy Efficiency Revolving                                                                    
Loan Fund; efficiency in government;  a renewable energy tax                                                                    
credit; the  Emerging Energy  Technology Fund;  energy loans                                                                    
for businesses; and the Alaska Affordable Heating Program.                                                                      
                                                                                                                                
Ms.  Sydeman discussed  the State  Energy Policy  (Slide 9).                                                                    
The  goals of  the state  energy policy  included increasing                                                                    
energy efficiency by  15 percent by 2020 and  to generate 50                                                                    
percent of  electricity statewide using renewable  energy by                                                                    
2020.                                                                                                                           
                                                                                                                                
Ms.  Sydeman continued  to discuss  the goals  of the  state                                                                    
energy  policy (Slide  10): to  promote  the development  of                                                                    
nonrenewable energy resources,  including natural gas, heavy                                                                    
oil,  nuclear energy,  coal, and  gas  hydrates; to  support                                                                    
energy research,  education, and workforce  development; and                                                                    
to maintain  a fiscal regime that  encourages private sector                                                                    
development                                                                                                                     
                                                                                                                                
Ms. Sydeman presented  the portion of the  bill regarding of                                                                    
Nuclear Energy (Slide 11). There  were some areas in current                                                                    
statute that  needed revision, to  ensure nuclear  energy is                                                                    
on  a  level  playing  field  with  other  types  of  energy                                                                    
development.   The  bill   would  remove   from  statute   a                                                                    
requirement for governor's approval  for projects, and leave                                                                    
in place  a requirement of  for municipal and  Department of                                                                    
Environmental Conservation  approval. The bill  would enable                                                                    
nuclear  projects  to  apply  for  funding  from  the  Power                                                                    
Project Fund.                                                                                                                   
                                                                                                                                
9:55:17 AM                                                                                                                    
                                                                                                                                
Mr.  Pawlowski   stated  that  the   administration  brought                                                                    
forward  SB223, which  created a  revolving loan  fund under                                                                    
the Alaska  Housing Finance  Corporation (AHFC),  for energy                                                                    
efficiency,  retrofits, and  projects. That  legislation was                                                                    
integrated into SB220. The  Energy Efficiency Revolving Loan                                                                    
Fund (Slide  12) leverages $18  million in  federal stimulus                                                                    
funds. The  AHFC would give loans  to municipalities, school                                                                    
districts, or  state entities  to perform  energy efficiency                                                                    
retrofits.  The savings  would  come back  to  the state  to                                                                    
repay the loan. The savings  could be leveraged and secured;                                                                    
therefore a  revolving loan fund would  be created, allowing                                                                    
retrofits to occur in  perpetuity. Retrofitting would create                                                                    
an estimated  2,500 jobs related to  weatherization and home                                                                    
energy upgrades.                                                                                                                
                                                                                                                                
9:57:19 AM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman  wondered if  the retrofitting  would apply                                                                    
to  all  Alaska   schools,  including  Regional  Educational                                                                    
Attendance  Areas   (REAAs).  Mr.  Pawlowski   replied  that                                                                    
extensive language  in Section  4 of  the bill,  allowed for                                                                    
retrofitting for REAAs.                                                                                                         
                                                                                                                                
Ms. Sydeman  discussed Slide 13: "Leading  by Examples." The                                                                    
bill states  that by 2020, the  Department of Transportation                                                                    
and Public  Facilities (DOT/PF) shall work  with other state                                                                    
agencies  to  retrofit at  least  25  percent of  all  state                                                                    
buildings. The  definition of state buildings  refers to the                                                                    
largest,  and most  energy consuming  state facilities.  The                                                                    
retrofitting was shown to save  about 20 percent a year. The                                                                    
state currently  spends roughly $55  million a year  to heat                                                                    
and light  its buildings,  the savings could  translate into                                                                    
$2.75 million a year.                                                                                                           
                                                                                                                                
Ms. Sydeman  discussed more pay-offs from  retrofitting. The                                                                    
the state  recently retrofitted  eight state  buildings, and                                                                    
the  contractor guaranteed  savings of  at least  $278,000 a                                                                    
year  from  that  retrofit. In  year  one,  savings  equaled                                                                    
$366,000;  in year  two, savings  equaled $592,000;  and the                                                                    
year  prior, savings  equaled  $571,000.  She asserted  that                                                                    
savings  alone   from  retrofitting  25  percent   of  state                                                                    
buildings could cover the fiscal note for SB 220.                                                                               
                                                                                                                                
9:59:52 AM                                                                                                                    
                                                                                                                                
Ms.  Sydeman continued  to maintain  that  the state  should                                                                    
lead by  example (Slide 15).  Section 23 of SB220  called on                                                                    
DOT/PF  to  construct  all  new   state  buildings  to  high                                                                    
efficiency  standards; Section  11 required  that the  state                                                                    
use alternative energy  for new public works,  if viable and                                                                    
cost-effective; Sections  12 and  22 mandate that  the state                                                                    
purchase   energy  efficient   appliances,  equipment,   and                                                                    
vehicles.                                                                                                                       
                                                                                                                                
Ms. Sydeman reviewed Section 24  of the bill, related to the                                                                    
energy efficiency  campaign (slide 16). Section  24 mandates                                                                    
that the Alaska Energy  Authority (AEA) and AHFC collaborate                                                                    
to educate  Alaskans through mass media  about low-cost ways                                                                    
to  save energy.  Money  was currently  in  the budget,  and                                                                    
website development  was already in place.  Experts estimate                                                                    
between  eight  percent and  fifty  percent  could be  saved                                                                    
through efficiency measures alone.  Energy efficiency is one                                                                    
of the cheapest ways to meet energy needs.                                                                                      
                                                                                                                                
10:02:17 AM                                                                                                                   
                                                                                                                                
Mr.   Pawlowski  discussed   emerging  energy   technologies                                                                    
(Slides  17 and  18).  With high  energy  costs, Alaska  was                                                                    
perfect place  to test emerging technologies.  The state can                                                                    
demonstrate   technologies  and   reduce  costs   for  local                                                                    
residents.  Developing  new technologies  could  potentially                                                                    
allow  Alaska  to  export   new  technologies.  Twenty  five                                                                    
percent  of  world's  population  lives  without  access  to                                                                    
electricity, which is  an incentive to look for  new ways to                                                                    
energize.  The  bill  would establish  a  competitive  grant                                                                    
program  at AEA  to  foster innovation.  The  fund would  be                                                                    
matched with  federal funds from the  Denali Commission, the                                                                    
Department  of Energy,  and  private  research dollars.  New                                                                    
technologies  would create  high-tech  jobs  and would  spur                                                                    
investment in Alaska's economy.  Alaska would have potential                                                                    
to be  a world  leader in  emerging technologies,  given its                                                                    
resources.                                                                                                                      
                                                                                                                                
Mr. Pawlowski  added that language  in the bill  would allow                                                                    
repayment  for  project  funding   that  goes  into  broader                                                                    
application.                                                                                                                    
                                                                                                                                
10:05:02 AM                                                                                                                   
                                                                                                                                
Mr.  Pawlowski pointed  to  different  examples of  emerging                                                                    
technologies (Slides 20, 21, and 22).                                                                                           
                                                                                                                                
Mr.  Pawlowski addressed  the  renewable  energy tax  credit                                                                    
(Slide 23). The renewable  energy tax credit would encourage                                                                    
investment by  the private sector into  renewable energy; it                                                                    
would  support   the  goal  of  generating   50  percent  of                                                                    
electricity using renewable energy  by 2025; 25 states offer                                                                    
renewable energy  corporate tax incentives; five  states and                                                                    
the  federal   government  offer  production   tax  credits;                                                                    
credits only accrue one a  project in operation; the credits                                                                    
are  capped at  10 percent  of capital  investment; and  the                                                                    
credits sunsets January 1 2018.                                                                                                 
                                                                                                                                
Mr.  Pawlowski  continued  to  address  how  the  credit  is                                                                    
calculated, referring to Sections 20  and 21 of SB220 (slide                                                                    
24). When calculating  the tax credit, the  state must know:                                                                    
the capital cost; the state/federal  grants that the project                                                                    
has  received; the  cost per  kilowatt-hour on  the project;                                                                    
and the capacity factor. He  noted that there are 8760 hours                                                                    
in  a year,  one megawatt/hour  equals 1000  kilowatt/hours,                                                                    
and $.01 per kilowatt/hours equals $10 per megawatt/hour.                                                                       
                                                                                                                                
Mr. Pawlowski  referred to  Slides 25  and 26  for renewable                                                                    
energy tax credit examples.                                                                                                     
                                                                                                                                
10:09:51 AM                                                                                                                   
                                                                                                                                
Co-Chair  Stedman  asked if  the  concept  of renewable  tax                                                                    
credits for wind turbines was  used in Kodiak. Mr. Pawlowski                                                                    
responded  that the  research does  not  include Kodiak.  He                                                                    
remarked that  the effective date would  be prospective, but                                                                    
agreed   to  provide   information  regarding   Kodiak  wind                                                                    
turbines. Co-Chair  Stedman recognized  that there  would an                                                                    
issue of post-dating the tax credits.                                                                                           
                                                                                                                                
Mr.   Pawlowski  furthered   that  the   difference  between                                                                    
transferable   and  refundable   tax  credits   (slide  27).                                                                    
Transferable  credits must  be approved  by the  department;                                                                    
they must  be marketed  and purchased, which  require broker                                                                    
fees  and demands  of the  purchaser, which  mean less  than                                                                    
full  credit going  to the  person receiving  the incentive-                                                                    
therefore a transferrable credit  is an expensive program to                                                                    
administer. Refundable  credits do not require  personnel to                                                                    
administer,  and  100 percent  of  the  credit goes  to  the                                                                    
recipient. In  looking at streamlining  the credit,  the tax                                                                    
credit was made refundable rather than transferrable.                                                                           
                                                                                                                                
Co-Chair  Stedman  asked  what   the  tax  credit  would  be                                                                    
against. Mr. Pawlowski  stated that the tax  credit would be                                                                    
against the corporate income tax.                                                                                               
                                                                                                                                
10:12:28 AM                                                                                                                   
                                                                                                                                
Ms. Sydeman stated  that Sections 26 through 33  of the bill                                                                    
would create  a new  program of  loans to  businesses (Slide                                                                    
28).  The   loans  could  be   up  to  $50,000   for  either                                                                    
alternative   energy   systems,   or   energy   conservation                                                                    
improvements.  The loans  would be  for businesses  that are                                                                    
primarily owned  by Alaskans.  The money  could be  used for                                                                    
insulation,  thermal  windows,  furnace  replacement  or  on                                                                    
energy systems which are not dependent on oil or gas.                                                                           
                                                                                                                                
Mr. Pawlowski  noted that Senator  Egan's office  had worked                                                                    
to develop a commercial loan program.                                                                                           
                                                                                                                                
Ms. Sydeman discussed the  Affordable Heating Program (Slide                                                                    
29). The  objectives of the affordable  heating program were                                                                    
to make  the program  more responsive  to a  family's actual                                                                    
heating costs;  increase assistance  as oil prices  rise and                                                                    
need   increases;   maintain  statewide   eligibility;   use                                                                    
existing administrative structures.                                                                                             
                                                                                                                                
10:15:09 AM                                                                                                                   
                                                                                                                                
Ms. Sydeman explained the Low  Income Home Energy Assistance                                                                    
Program (LIHEAP) (Slide 30). Families  must apply for LIHEAP                                                                    
annually,  and their  eligibility is  based on  their annual                                                                    
income.  The  benefit  levels were  calculated  by  awarding                                                                    
points  based on  household income;  heating degree  days in                                                                    
the household location; the type  and size of the house; and                                                                    
the presence of children, elderly,  or disabled in the home.                                                                    
The points are then multiplied  by the dollar amount related                                                                    
to each point available.                                                                                                        
                                                                                                                                
Ms.  Sydeman stated  that SB220  proposed some  changes from                                                                    
current practice (Slides  31 and 32): it  would link program                                                                    
eligibility to the price of oil.                                                                                                
                                                                                                                                
10:17:53 AM                                                                                                                   
                                                                                                                                
Ms. Sydeman highlighted some program  details (Slide 33). If                                                                    
there  was  not  sufficient money  appropriated  to  provide                                                                    
funding, the Department of Health  and Social Services would                                                                    
pro-rate payments.  The payments  would go to  fuel vendors,                                                                    
and not  households. Individuals must apply  and qualify for                                                                    
the  LIHEAP.  The  current   federal  appropriation  is  $28                                                                    
million; the current state appropriation  is $5 million; and                                                                    
20,191 households currently benefit from LIHEAP.                                                                                
                                                                                                                                
Ms. Sydeman discussed additional  provisions (Slide 34). The                                                                    
state  was  required  to provide  technical  assistance  for                                                                    
municipalities   regarding  energy   codes  and   efficiency                                                                    
standards.  The  state  agencies would  develop  a  standard                                                                    
methodology for compiling and  storing data regarding energy                                                                    
consumption.  The  bill would  expand  the  purposes of  the                                                                    
Southeast Energy  Fund.  The  Alaska Energy  Authority (AEA)                                                                    
would  organize  and  provide  technical  assistance  for  a                                                                    
statewide  fuel buying  cooperative. The  bill calls  on the                                                                    
governor  to develop  a plan  to coordinate  and consolidate                                                                    
energy programs.  The bill calls  for DOT/PF to embark  on a                                                                    
feasibility  study of  compressed  natural  gas (CNG)  state                                                                    
vehicles.                                                                                                                       
                                                                                                                                
Ms.  Sydeman  concluded that  that  SB220  would be  a  step                                                                    
towards energy efficiency and sustainability.                                                                                   
                                                                                                                                
10:24:00 AM                                                                                                                   
                                                                                                                                
Senator  Thomas wondered  if the  bill  provided for  leased                                                                    
state buildings.  Ms. Sydeman responded  that the  bill does                                                                    
not include leased buildings.                                                                                                   
                                                                                                                                
Senator Huggins  queried the payback  of the  Revolving Loan                                                                    
Fund.                                                                                                                           
                                                                                                                                
10:25:42 AM                                                                                                                   
                                                                                                                                
Mr. Pawlowski responded  that the key to the  concept of the                                                                    
Revolving  Loan  Fund  was in  performance  contracting.  He                                                                    
noted that  the ability  to auto  retrofit is  the guarantee                                                                    
for what is loaned against.                                                                                                     
                                                                                                                                
In a  response to  a question by  Senator Egan,  Ms. Sydeman                                                                    
stated   that  oil   was   the   trigger  when   determining                                                                    
eligibility for the LIHEAP.                                                                                                     
                                                                                                                                
In response  to a question  by Senator Olson,  Mr. Pawlowski                                                                    
referred  to  Page 12,  beginning  Line  13  of SB  220.  He                                                                    
specifically pointed  to line 16,  which stated  the program                                                                    
eligibility  would pertain  to  projects  where the  average                                                                    
cost  of  energy  exceeds the  average  cost  of  residence.                                                                    
Primarily, AEA must look at the  cost of energy in a region;                                                                    
AEA must  look at geographic  balance; and AEA must  look at                                                                    
the financial benefit of the  program. The cost of energy is                                                                    
a priority, and  the program helps to  limit an individual's                                                                    
burden of heating costs.                                                                                                        
                                                                                                                                
10:30:05 AM                                                                                                                   
                                                                                                                                
Co-Chair Stedman mentioned the  eight fiscal notes: six zero                                                                    
fiscal   notes   from   the  Department   of   Environmental                                                                    
Conservation  (DEC), the  Department of  Revenue (DOR),  the                                                                    
Department  of  Administration   (DOA),  the  Department  of                                                                    
Health  and  Social  Services  (DHSS);  a  fiscal  note  for                                                                    
$788,700 in general funds  for statewide project development                                                                    
from   Department  of   Commerce,  Community   and  Economic                                                                    
Development (DCCED)  for; another  fiscal note  for $326,500                                                                    
in interagency receipts for aide  operations from DCCED; one                                                                    
fiscal note  from DOT/PF for  $493,200 in general  funds for                                                                    
new staff.                                                                                                                      
                                                                                                                                
10:31:17 AM                                                                                                                   
                                                                                                                                
WALTER ROSE,  KAWERAK, NOME (via  teleconference), testified                                                                    
in  opposition  to  the  proposed  changes  in  the  project                                                                    
ranging  method  in  the Renewable  Energy  Grant  Fund.  He                                                                    
testified in opposition to the  proposed amendment to Alaska                                                                    
Statute  42.45.045D in  section  15 of  SB220.  He felt  the                                                                    
statute  would divert  renewable energy  grant funding  away                                                                    
from  rural   communities  into  regional  hubs   and  urban                                                                    
centers.  He recommended  the  Renewable  Energy Grant  Fund                                                                    
continue to give preference to  projects that serve any area                                                                    
in which the average cost of  energy to each resident of the                                                                    
area, exceeds  the average costs  of each resident  of other                                                                    
areas of the state.                                                                                                             
                                                                                                                                
CLAY   KOPLIN,   CORDOVA   ELECTRIC   COOP,   CORDOVA   (via                                                                    
teleconference), testified  in favor of the  legislation. He                                                                    
referred to  section 23 AS44.42.067 item  A, and recommended                                                                    
moving the date up to 2015  and changing the reduction to 15                                                                    
percent.  He  referred  to section  29,  and  recommended  a                                                                    
change from 51 percent to 50 percent.                                                                                           
                                                                                                                                
10:35:15 AM                                                                                                                   
                                                                                                                                
LISA   HUGHES,   NORTHERN   ALASKA   ENVIRONMENTAL   CENTER,                                                                    
FAIRBANKS (via  teleconference), testified  in favor  of the                                                                    
legislation. She discussed the  investment that is necessary                                                                    
for   the  future   economy  for   the  alternative   energy                                                                    
requirement.                                                                                                                    
                                                                                                                                
HOLLY    NORWOOD,   APEX    WING   ENERGY,    NIKISKI   (via                                                                    
teleconference), testified in favor of the legislation.                                                                         
                                                                                                                                
MARK  MASTELLER,   CASCADIA  GREEN  BULDING   COUNCIL,  (via                                                                    
teleconference), testified in favor of the legislation.                                                                         
                                                                                                                                
10:41:29 AM                                                                                                                   
                                                                                                                                
JIM  SYKES,   COORDINATOR,  MATSU  ENERGY  OF   ALASKA  (via                                                                    
teleconference), testified  in favor of the  legislation. He                                                                    
agreed with  all aspects of  the bill. He shared  stories of                                                                    
citizens who  retrofit their  homes and  are happy  with the                                                                    
results.                                                                                                                        
                                                                                                                                
RICH    WILSON,    ALASKA   RATEPAYERS,    ANCHORAGE    (via                                                                    
teleconference), spoke in opposition  of the legislation. He                                                                    
felt  gas-fired  industrial   production  was  important  in                                                                    
economic development.                                                                                                           
                                                                                                                                
ROBERT VENABLES, SOUTHEAST  CONFERENCE (via teleconference),                                                                    
spoke in favor of the legislation.                                                                                              
                                                                                                                                
CHRIS   ROSE,   RENEWABLE   ENERGY   ALASKA   PROJECT   (via                                                                    
teleconference),  testified in  support of  the legislation.                                                                    
He noted  that various consumer groups  strongly support the                                                                    
bill.                                                                                                                           
                                                                                                                                
10:49:54 AM                                                                                                                   
                                                                                                                                
ROSS   COEN,  TANANA   CHIEFS  CONFERENCE,   FAIRBANKS  (via                                                                    
teleconference),  testified   in  support  of  SB   220.  He                                                                    
supported the emerging energy fund.  He shared a story about                                                                    
boosting the  fuel efficiency by four  percent. He addressed                                                                    
the subject of  the amendment to Section 15  which will keep                                                                    
the amount of  grant funds. Shift from urban  areas to rural                                                                    
areas. He encouraged the reconsiderations of the committee.                                                                     
                                                                                                                                
10:51:58 AM                                                                                                                   
                                                                                                                                
NICK   HORRAS,  YUUT   ELITNAURVIAT  (via   teleconference),                                                                    
testified in support of the legislation.                                                                                        
                                                                                                                                
CAITLIN  HIGGINS,  EXECUTIVE DIRECTOR,  ALASKA  CONSERVATION                                                                    
ALLIANCE  (via teleconference),  testified in  favor of  the                                                                    
legislation.                                                                                                                    
                                                                                                                                
10:56:41 AM    RECESSED                                                                                                       
1:34:17 PM                                                                                                                    
                                                                                                                                
KIRK   HARDCASTLE,   OPERATIONS  MANAGER,   TAKU   RENEWABLE                                                                    
RESOURCES,  testified in  support  of SB  220.  He spoke  in                                                                    
support  of the  renewable energy  section of  the bill.  He                                                                    
noted  that  the  finances allow  for  sustainable  economic                                                                    
strategies.                                                                                                                     
                                                                                                                                
1:38:12 PM                                                                                                                    
                                                                                                                                
THOMAS DEERFIELD,  ALASKA POWER AND TELEPHONE,  testified in                                                                    
support of SB220. He mentioned  the tax credit portion which                                                                    
could have a significant effect on the funding necessary                                                                        
for a Tok Alaska project.                                                                                                       
                                                                                                                                
1:42:39 PM                                                                                                                    
                                                                                                                                
SB 220 was HEARD and HELD in Committee for further                                                                              
consideration.                                                                                                                  
                                                                                                                                

Document Name Date/Time Subjects
2 4 10 Sen McGuire FY10 FY09 Utility expenditure summary.pdf SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
Draft Energy Policy and Program Recommendations.pdf SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
DSIRE Incentive Summary Sheet.pdf SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
EETF Report.docx SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
EmergingTechFund4.pdf SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
Energy Conservation Pilot School Report.doc SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
Final Project Descriptions.docx SFIN 3/25/2010 9:00:00 AM
SB 220
Final Project Descriptions.docx SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
Renewable Energy Refundable Tax Credit Sheet.pub SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
SB 220 AAHP Document.PDF SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
SB 220 Resolutions of Support from APA.pdf SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
SB 220 Sectional Summary Version O.PDF SFIN 3/25/2010 9:00:00 AM
SB 220
SB 220 Sectional Summary Version O.PDF SFIN 3/25/2010 9:00:00 AM
SB 220
SB 253 DEC SFC Capital-Def. Maint. SFC 03.15.2010.pdf SFIN 3/25/2010 9:00:00 AM
SB 253
SB 253 FY11 UA Deferred Maintenance by MAU dist.pdf SFIN 3/25/2010 9:00:00 AM
SB 253
Sectional Summary Version D.PDF SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
Powerpoint - Alaska Sustainable Energy Act Presentation to Senate Finance 3-25-10.pptx SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
SB 220 Kewerak letter of support.pdf SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220
SB220 Legislative_testimony March 2010.doc SFIN 3/25/2010 9:00:00 AM
SFIN 3/25/2010 1:30:00 PM
SB 220