Alaska SB150 establishes a net metering program and fund for consumer-generators of renewable energy.

Alaska SB150 creates a net metering program that allows consumer-generators to receive credits for excess renewable energy generation. Load-serving entities with annual retail sales over 5 million kilowatt-hours must offer this service. The bill also establishes a net metering reimbursement fund, financed by legislative appropriations, gifts, and interest earnings, to cover revenue losses for load-serving entities. The fund is administered by the Alaska Energy Authority. The bill takes effect July 1, 2025.

Alaska SB150 establishes a net metering program and fund for consumer-generators of renewable energy.

Alaska SB150 creates a net metering program that allows consumer-generators to receive credits for excess renewable energy generation. Load-serving entities with annual retail sales over 5 million kilowatt-hours must offer this service. The bill also establishes a net metering reimbursement fund, financed by legislative appropriations, gifts, and interest earnings, to cover revenue losses for load-serving entities. The fund is administered by the Alaska Energy Authority. The bill takes effect July 1, 2025.