(a) Notwithstanding the definition of “eligible electric utility” in Alaska Stat. § 42.45.150, an electric utility whose primary source of power for sale to customers is one or more of the power projects that were part of the former initial project may not be considered an eligible electric utility.
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Terms Used In Alaska Statutes 42.45.115

  • power: includes electrical energy generated, distributed, bought, or sold for lighting, heating, power, and every other useful purpose. See Alaska Statutes 42.45.990
  • project: means a plant, works, system, or facility, together with related or necessary facilities and appurtenances, including a divided or undivided interest in or a right to the capacity of a power project or project, that is used or is useful for the purpose of
    (A) electrical or thermal energy production. See Alaska Statutes 42.45.990
(b) In this section, “former initial project” includes the Tyee Lake, Swan Lake, Solomon Gulch, and Terror Lake hydroelectric facilities.
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