Bill > SB152

This bill, the Saving Alaskans Money with Voluntary Community Energy (SAVE) Act, aims to establish a framework for community energy facilities in Alaska. Key provisions include: 1. Requiring electric utilities to make community energy programs available to subscriber organizations and allow the interconnection of eligible community energy facilities to the utility's facilities, subject to certain requirements. 2. Directing the Regulatory Commission of Alaska (RCA) to adopt bill credit rates for community energy facilities that consider their full economic value, ensure the community energy program does not adversely affect retail rates, and allow utilities to recover reasonable administrative costs. 3. Granting the RCA authority to modify or waive requirements, adopt additional regulations for safety and reliability, and facilitate the creation, financing, and accessibility of community energy facilities. 4. Defining key terms such as "community energy facility," "subscriber," and "subscriber organization." 5. Requiring the RCA to adopt implementing regulations within one year of the bill's effective date. The intent of this bill is to enable and encourage the development of community-owned renewable energy projects that can provide economic benefits to participating consumers and the broader utility system.

Agriculture and Natural Resources, Business and Industry

https://www.akleg.gov/basis/Bill/Detail/33?Root=SB152