If the authority receives a petition requesting power cost equalization, signed by at least 25 percent of the customers of an electric utility that is subject to rate regulation under AS 42.05 and that has not applied for power cost equalization under AS 42.45.100 - 42.45.150, the authority shall require the utility to submit a power cost equalization application. Upon a determination of eligibility for power cost equalization, the utility, as a part of its service, shall receive power cost equalization and pass power cost equalization benefits to its customers under AS 42.45.100 - 42.45.150.
Structure Alaska Statutes
Title 42. Public Utilities and Carriers and Energy Programs
Chapter 45. Rural and Statewide Energy Programs
Article 3. Power Cost Equalization and Rural Electric Capitalization.
Sec. 42.45.100. Power cost equalization and rural electric capitalization fund.
Sec. 42.45.110. Entitlement to power cost equalization.
Sec. 42.45.115. Exclusion from eligibility.
Sec. 42.45.120. Notice to customers.
Sec. 42.45.130. Cost minimization.
Sec. 42.45.140. Customer petitions.
Sec. 42.45.150. Definitions for AS 42.45.100 - 42.45.150.
Sec. 42.45.160. Adjustments to power cost equalization.
Sec. 42.45.170. Equalization assistance to unregulated utilities.