Alaska § 42.45.160 - Adjustments to power cost equalization.
Full text of Alaska Alaska Statutes § 42.45.160 — Adjustments to power cost equalization., with citation guidance and answers to common questions.
§ 42.45.160. Adjustments to power cost equalization.
(a) The commission may adjust the power cost equalization per kilowatt-hour, determined under AS 42.45.100 — 42.45.150, payable to an electric utility that is subject to rate regulation under AS 42.05 if the (1) commission has approved a fuel cost rate adjustment caused by an increase or decrease in the electric utility's cost of fuel;
(2) commission has approved a permanent or interim rate increase or decrease that establishes a higher or lower power cost;
(3) authority has discovered, in reviewing the monthly data submitted by the electric utility, discrepancies that require adjustment of the power cost equalization; or
(4) authority determines that appropriations are insufficient to finance full payments to eligible electric utilities.
(b) An electric utility that is eligible to receive power cost equalization under this section and that receives power cost equalization per kilowatt-hour approved by the commission shall report monthly to the authority within the time and in the form the authority requires. An electric utility shall report (1) the power cost equalization per kilowatt-hour approved by the commission;
(2) the total kilowatt-hours sold to each class of customer during the preceding month;
(3) the total kilowatt-hours eligible for power cost equalization under this section sold to each class of customer during the preceding month;
(4) the total kilowatt-hours generated during the preceding month, if available;
(5) any commission approved amendments to the schedule of rates in effect during the preceding month; and
(6) an increase or decrease in the current unit price of fuel from the base price used by the commission in determining power costs if the change is expected to result in a subsequent power cost equalization adjustment.
(c) The provisions of AS 42.45.100 — 42.45.150 relating to the determination of the amount of power cost equalization and payment of the equalization assistance apply to equalization assistance under this section.
Frequently Asked Questions About Alaska § 42.45.160
What does Alaska Statutes § 42.45.160 cover?
Section 42.45.160 ("Adjustments to power cost equalization.") 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 § 42.45.160?
A common citation format is "Alaska Statutes § 42.45.160" (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 § 42.45.160 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.