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(a) The maximum dollar amount of a grant is 25 percent of the total amount of money appropriated to the fund in any given fiscal year, or $100,000, whichever is greater.
(b) A grant may not exceed 60 percent of the total eligible project costs.
(c) An electric utility may submit multiple applications. Each application must be for a project clearly and distinctly separate from the other and not a phase, continuation, or extension of another project for which an application is made under AS 42.45.200 .
History: Eff. 2/16/96, Register 137
Authority: AS 44.45.200
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Last modified 7/05/2006