Legislature(2023 - 2024)BARNES 124
02/29/2024 10:15 AM House ENERGY
Note: the audio ![]()
and video ![]()
recordings are distinct records and are obtained from different sources. As such there may be key differences between the two. The audio recordings are captured by our records offices as the official record of the meeting and will have more accurate timestamps. Use the icons to switch between them.
| Audio | Topic |
|---|---|
| Start | |
| HB368 | |
| Presentation(s): Ultra Safe Nuclear Corporation: a Private Perspective on the Case for Developing Advanced Nuclear in Alaska | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| *+ | HB 368 | TELECONFERENCED | |
| + | TELECONFERENCED |
HB 368-ELECTRICAL ENERGY & ENERGY PORTFOLIO STDS
10:16:43 AM
CHAIR RAUSCHER announced that the first order of business would
be HOUSE BILL NO. 368 "An Act relating to clean energy standards
and a clean energy transferable tax credit; and providing for an
effective date."
CHAIR RAUSCHER announced that Robert Doyle from the Regulatory
Commission of Alaska would respond to questions pertaining to HB
368.
10:18:33 AM
ROBERT "BOB" DOYLE, Chair, Regulatory Commission of Alaska
(RCA), Department of Commerce, Community & Economic Development
(DCCED), in response to Chair Rauscher, outlined the
requirements of RCA. He stated that there are several pieces of
HB 368 that would require RCA to adopt or amend regulations
surrounding energy and billing. At the request of the chair, he
gave an overview of how RCA works to ensure that the interests
of all Alaskans are met by reasonable and just means. He moved
on to discuss fiscal notes, saying that most of the concerns
presented by the fiscal notes are due to staffing issues. He
explained that it could be a 600-plus day process to create a
regulatory document from draft to finish.
10:26:49 AM
REPRESENTATIVE SCHRAGE asked what effect the bill would have on
the power cost equalization (PCE) calculation.
MR. DOYLE indicated there would be no noticeable effect on how
PCE is calculated. He said the intent is to bring the statute
in line with how business is conducted at RCA.
10:29:13 AM
REPRESENTATIVE MCKAY asked whether RCA regulates Fire Island and
a solar farm in Houston, Alaska.
MR. DOYLE responded that all of the costs associated with
independent power projects are negotiated with the utilities
companies. In response to a follow-up question, he noted that
information regarding the amount of electricity generated by
Fire Island and Chugach Electric is public. To further
questioning, he said RCA has a neutral stance toward HB 368, and
he offered his understanding that green energy credits are given
through the regulation docket process.
10:37:03 AM
CHAIR RAUSCHER asked Robert Doyle to explain the difference
between "net billing" and "net metering."
MR. DOYLE explained that net metering is the process of selling
power and energy back to the energy company, whereas net billing
is how one would account for the cost of someone who is
generating more power than is needed, like a monthly settlement
to break the difference between cost and energy sold back to the
company.
10:40:15 AM
CHAIR RAUSCHER thanked Robert Doyle for responding to questions
from the committee.
[HB 368 was held over.]
| Document Name | Date/Time | Subjects |
|---|---|---|
| USNC House Energy Feb 29 2024.pdf |
HENE 2/29/2024 10:15:00 AM |