AK HB334

Allows public utilities that provide petroleum, gas, or electrical service to collect energy efficiency loan payments as a separate charge on customer utility bills at the borrower's request.

Permits utilities to add administration costs as a separate charge alongside loan repayment amounts on bills.

Requires borrowers to obtain an energy audit from an Alaska Housing Finance Corporation-approved energy rater before qualifying for the program, with audit costs paid by the borrower.

Mandates energy raters conduct on-site home inspections and estimate costs for increasing energy efficiency or replacing existing appliances with more energy-efficient models based on Federal Trade Commission EnergyGuide Label ratings.

Requires borrowers to certify that the entire loan amount will be used solely for energy efficiency improvements or appliance replacement, effective January 1, 2013.