{"data":{"id":"us-ak/as-42.45.065","jurisdiction":"us-ak","citation":"AS 42.45.065","heading":"Reimbursement for costs of power projects.","body":"(a) Subject to appropriations for the purpose, during each fiscal year, the authority shall allocate to each entity listed in (b) of this section an amount to reimburse the cost paid by the entity during the immediately preceding fiscal year for the principal and interest on outstanding debt for the project listed. An allocation may be made to an entity only if\n(1) the debt was incurred before July 1, 2005; and\n(2) the power project financed with the debt proceeds is owned and operated by the entity.\n(b) The authority may make an allocation to an entity under (a) of this section only for reimbursement of costs incurred for construction and renovation of the following power projects and only for reimbursement of total project costs incurred up to the following amounts:\nPROJECT\nKodiak Electric Association, Inc. (Nyman Combined $ 6,000,000\nCycle Cogeneration Plant)\nCordova Electric Cooperative (Power Creek Hydropower 12,000,000\nStation)\nGolden Valley Electric Association (Rock Creek line 700,000\nextension)\nCopper Valley Electric Association, Inc., Valdez 10,000,000\n(cogeneration projects)\nThe Four Dam Pool Power Agency (Southeast Intertie, 20,000,000\nSwan Lake to Tyee Lake)\nMetlakatla Power and Light (utility plant and capital 3,000,000\nadditions)","path":["Title 42. Public Utilities and Carriers and Energy Programs.","Chapter 45. Rural and Statewide Energy Programs."],"source_url":"https://www.akleg.gov/basis/statutes.asp#42.45.065","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:21Z","sha256":"fb1fddf4f8bdb5ec75bfe3f592cb034e8f2c920de7d865e2b68baa27f057fc70","source_id":"us-ak","stale":false,"prev":"us-ak/as-42.45.060","next":"us-ak/as-42.45.070"},"notice":"GroundRules: Original legal text. Not legal advice."}