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AK SB186
Bill
AI Summary
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Amends AS 42.45.045(d) to modify evaluation criteria for renewable energy grant projects, prioritizing areas with above-average energy costs to residents
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Changes matching funds requirement from "able to make available" to "has verified to the authority that are available" for grant eligibility
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Adds new requirement that grant awards prioritize projects likely to have financial benefits exceeding the amount of grant funds received
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Requires the authority to establish activity reporting intervals for each funded project at the authority's discretion
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Mandates the authority contract with a renewable energy economist to prepare written evaluations for each recommended project and submit results to the legislature
Legislative Description
Renewable Energy Grant Requirements
Public Finance
Last Action
REFERRED TO ENERGY
4/8/2009