This bill establishes new provisions for net metering in Alaska, allowing consumer-generators to receive credits for excess electric energy they generate. It amends existing law to include a new section, AS 42.05.395, which mandates that load-serving entities provide net metering services that credit consumer-generators based on their excess generation. The bill specifies that these credits can be accrued and used for the consumer-generator's own consumption on an annual cycle, with certain limitations on participation and capacity. Additionally, it introduces a net metering reimbursement fund, managed by the Alaska Energy Authority, to help load-serving entities recover revenue losses associated with net metering.

The bill also includes provisions for the commission to adopt regulations to implement these changes and outlines the definitions of key terms such as "consumer" and "consumer-generator." Importantly, it sets a deadline for new installations, stating that consumer-generators may not elect to receive net metering service for capacity installed after April 1, 2037. The bill will take effect in stages, with certain sections becoming effective on April 1, 2027, and others on April 1, 2044.

Statutes affected:
HB0164A, AM HB 164, introduced 03/28/2025: 42.05.391, 42.05.306, 42.05.395, 42.45.015, 42.05.790
HB0164B, AM CSHB 164(ENE), introduced 04/01/2026: 42.05.391, 42.05.306, 42.05.395, 42.45.015, 42.05.760, 42.05.790