Alaska § 42.45.100 - Power cost equalization and rural electric capitalization fund.

Full text of Alaska Alaska Statutes § 42.45.100 — Power cost equalization and rural electric capitalization fund., with citation guidance and answers to common questions.

§ 42.45.100. Power cost equalization and rural electric capitalization fund.

 (a) The power cost equalization and rural electric capitalization fund is established as a separate fund for the purpose of        (1) equalizing power cost per kilowatt-hour statewide at a cost close to or equal to the mean of the cost per kilowatt-hour in Anchorage, Fairbanks, and Juneau by paying money from the fund to eligible electric utilities in the state; and

 (2) making grants to eligible utilities under AS 42.45.180 to improve the performance of the utility.

 (b) The fund shall be administered by the authority as a fund distinct from the other funds of the authority. The fund is composed of        (1) money appropriated to provide power cost equalization to eligible electric utilities and to provide grants for utility improvements;

 (2) money appropriated from the National Petroleum Reserve — Alaska special revenue fund under AS 37.05.530 (g);

 (3) money appropriated from the power cost equalization endowment fund ( AS 42.45.070 ) under AS 42.45.085 (a);

 (4) gifts, bequests, contributions from other sources, and federal money; and

 (5) interest earned on the fund balance.

 (c) The fund is not a dedicated fund.

Source: official Alaska text · Last verified 2026-08-27

Frequently Asked Questions About Alaska § 42.45.100

What does Alaska Statutes § 42.45.100 cover?

Section 42.45.100 ("Power cost equalization and rural electric capitalization fund.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Alaska § 42.45.100?

A common citation format is "Alaska Statutes § 42.45.100" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Alaska law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.

How does Alaska § 42.45.100 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.