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Alaska2026Passed Legislature

SB150

Alaska Net Metering Program and Reimbursement Fund

Last scannedSep 22, 2026, 12:32 AM

In one sentence

This law requires certain large electric utilities in Alaska to offer a credit program for customers who generate their own renewable energy, while creating a fund that may help pay the utility companies if they lose money from this program.

What it does

  • Requires load-serving entities served by an electric reliability organization with over 5 million kilowatt-hours of annual sales to provide net metering services.
  • Credits consumer-generators for excess electricity at the same rate regular customers would pay, allowing credits to roll over until March 31 each year when they expire if unused.
  • Allows utilities to limit participation only if a hearing proves it is needed for system reliability or fair rates for other customers.
  • Creates a net metering reimbursement fund that can receive state money and federal funds to help utilities recover lost revenue, subject to appropriation.
  • Requires the Regulatory Commission of Alaska to write rules on how to calculate utility losses eligible for payment from the new fund.

Who it affects

  • Electric load-serving entities in Alaska served by an electric reliability organization with total retail sales exceeding 5,000,000 kilowatt-hours per year.
  • Customers who generate their own electricity using renewable sources on properties they own or rent if the system is 25 kilowatts or less and offsets part of their use.
  • The Regulatory Commission of Alaska and the Alaska Energy Authority.

Limits and unknowns

  • The fund is not a dedicated fund, meaning payments depend on money appropriated by the legislature.
  • Credits for excess energy expire on March 31 of each year if they are not used by that date.
  • Utilities may choose to keep old tariff terms instead of using this new program for systems installed before July 1, 2025.

Plain language

Terms to know

Net metering
A billing method where customers who generate their own power get credits for extra energy sent back to the utility grid at the regular customer rate.
Consumer-generator
An electricity customer who produces renewable energy on-site using a system of 25 kilowatts or less capacity that offsets part of their own use.
Load-serving entity
A company defined in state law that delivers and sells electric power to customers in its service area.

Official record

Sources

Source checked
Official bill pageIntroduced textCurrent bill text
Read the official summary

NET METERING PROGRAM & FUND An Act relating to a net metering program; relating to reduced rates in the form of credits for consumer-generators; establishing a net metering reimbursement fund; and providing for an effective date.

Official activity

Bill history

  1. (S) Heard & HeldText
  2. (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
  3. (S) Heard & HeldText
  4. (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
  5. (S) Heard & HeldText
  6. (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
  7. (S) Heard & HeldText
  8. (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
  9. (S) Minutes (SL&C)Min
  10. (S) <Bill Hearing Canceled>Text
  11. (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
  12. (S) REFERRED TO LABOR & COMMERCE639
  13. (S) GOVERNOR'S TRANSMITTAL LETTER639
  14. (S) FN2: ZERO(CED)639
  15. (S) FN1: ZERO(CED)639
  16. (S) L&C, FIN639
  17. (S) READ THE FIRST TIME - REFERRALS639