Bill > SB150

This bill establishes a comprehensive net metering program for electric utilities in Alaska, requiring load-serving entities with over 5 million kilowatt-hours in annual retail sales to offer net metering services to consumer-generators. Under this program, utilities must provide monthly credits to customers who generate their own electricity (typically through renewable sources like solar, wind, or hydroelectric) for any excess energy they feed back into the grid, with credits calculated at the same rate the customer would normally pay for electricity. Consumer-generators can accumulate these credits over an annual cycle ending March 31, after which unused credits expire. The bill defines a consumer-generator as a customer generating 25 kilowatts or less of renewable energy on their own premises, which is interconnected with the utility's grid and offsets their own electrical use. Additionally, the bill creates a net metering reimbursement fund administered by the Alaska Energy Authority, which can provide financial support to utilities for revenue losses associated with the net metering program. Utilities cannot limit consumer-generator participation without commission approval, and the program is voluntary for generating capacity installed before July 1, 2025. The bill aims to encourage renewable energy production by providing financial incentives for individuals and businesses to generate their own electricity.

Business and Industry

Rules (Senate)

https://www.akleg.gov/basis/Bill/Detail/34?Root=SB150