Establishes a net metering program for consumer-generators in Alaska, allowing them to receive credits for excess energy generated from renewable.

The bill establishes a net metering program in Alaska for consumer-generators who produce renewable energy on their premises. It allows these consumers to receive credits for excess energy generated, which can offset their own electrical use. The bill also establishes a net metering reimbursement fund to cover revenue losses for load-serving entities. The Alaska Public Utilities Commission is tasked with setting standards and procedures for calculating these revenue losses.

Establishes a net metering program for consumer-generators in Alaska, allowing them to receive credits for excess energy generated from renewable.

The bill establishes a net metering program in Alaska for consumer-generators who produce renewable energy on their premises. It allows these consumers to receive credits for excess energy generated, which can offset their own electrical use. The bill also establishes a net metering reimbursement fund to cover revenue losses for load-serving entities. The Alaska Public Utilities Commission is tasked with setting standards and procedures for calculating these revenue losses.