3 Alaska Admin. Code § 107.225

Current through October 17, 2024
Section 3 AAC 107.225 - Allocation of supplemental appropriations after pro rata reduction

If a supplemental appropriation is received for the power cost equalization program after the authority has made a pro rata reduction under AS 42.45.110(i), the authority will

(1) increase the power cost equalization payments to be made to eligible utilities for the rest of the fiscal year on a pro rata basis up to the maximum allowable under AS 42.45.110; and
(2) if any money remains after payments are made under (1) of this section, make additional power cost equalization payments to eligible utilities that received reduced payments under AS 42.45.110(i) to restore funding to the maximum allowable under AS 42.45.110 for each month, starting from the most recent month and going back to the beginning of the state fiscal year.

3 AAC 107.225

Eff. 7/30/2006, Register 179

Authority:AS 42.45.100

AS 42.45.110

AS 42.45.160

AS 42.45.170

AS 44.83.080