00                             SENATE BILL NO. 32                                                                          
01 "An Act relating to costs incurred by certain electric utilities for renewable energy and                               
02 battery energy storage."                                                                                                
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. AS 42.05.431 is amended by adding a new subsection to read:                                           
05 (i)  Costs incurred by an electric cooperative utility organized under AS 10.25                                         
06 that participates in an electric reliability organization certificated by the commission                                
07 under AS 42.05.760 must be allowed in the rates charged by the utility if the costs are                                 
08 approved by the utility's board of directors in connection with a new or purchased                                      
09 renewable energy facility or battery energy storage system with a nameplate capacity                                    
10 of less than 15,000 kilowatts or power purchased from a renewable energy facility or                                    
11 battery energy storage system with a nameplate capacity of less than 15,000 kilowatts.                                  
12 In this subsection, "renewable energy facility" means a facility that generates                                         
13 electricity from geothermal, wind, solar, hydroelectric, hydrokinetic, tidal, or biomass                                
14       energy or another renewable energy resource.