(a) A meter conservation charge assessed under Alaska Stat. § 42.05.750(a) may only be used to recover the

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Terms Used In Alaska Statutes 42.05.751

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) actual costs incurred by the utility for the purchase, installation, and financing of the renewable energy system, energy efficiency device, energy storage device, or energy conservation system, including the administrative costs of the on-bill financing agreement and the cost of filing notice under Alaska Stat. § 42.05.752;
(2) repayment of costs incurred by a third party that has performed a function under Alaska Stat. § 42.05.755; and
(3) periodic fee for a repair and maintenance agreement under Alaska Stat. § 42.05.750(d).
(b) A utility may assess a meter conservation charge on

(1) the customer who entered into the on-bill financing agreement; or
(2) a subsequent owner of the residence or building under Alaska Stat. § 42.05.753.
(c) A meter conservation charge must be shown as a separate line item on a customer’s bill.
(d) A utility may treat a customer’s failure to pay a meter conservation charge as a failure to pay the utility account, and the utility may disconnect the utility service for nonpayment of the meter conservation charge, if the utility complies with Alaska Stat. § 42.05.381 (c), Alaska Stat. § 42.20.040, and any other applicable law. A utility may not remove a renewable energy system, energy efficiency device, energy storage device, or energy conservation system for failure to pay a meter conservation charge or when disconnecting service for failure to pay a meter conservation charge.
(e) Money collected by a utility as a meter conservation charge is not revenue subject to state taxes under Alaska Stat. Chapter 43.20.
(f) The billing and collection of a meter conservation charge does not subject a utility to the laws that regulate financial institutions, escrow depositories, or collection agencies. A utility is not responsible for a lending, underwriting, or credit determination for an on-bill financing agreement.
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