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AK HB294

Bill

Official Source

Status

Introduced

1/25/2012

Primary Sponsor

Cathy Munoz

Click for details

Origin

House of Representatives

27th Legislature

AI Summary

  • Increases the monthly kilowatt-hour threshold for power cost equalization from 500 to 600 kilowatt-hours per residential customer served by eligible electric utilities.
  • Expands power cost equalization eligibility to all customer classes served by electric utilities, rather than residential customers only.
  • Excludes state and federal offices, state and federal facilities, and nonresidential customers consuming more than 2,400 kilowatt-hours per month from power cost equalization benefits.
  • Maintains 70 kilowatt-hours per month per resident for local community facilities as a separate equalization calculation.
  • Requires electric utilities to display in tariffs the rates with and without power cost equalization, with customers charged the difference between the two amounts.

Legislative Description

Power Cost Equalization

State Aid

Last Action

REFERRED TO FINANCE

3/21/2012

Committee Referrals

Finance3/21/2012
Energy1/25/2012

Full Bill Text

No bill text available