The Northwest Interstate Compact on Low-Level Radioactive Waste Management, enacted in 1981, was ratified by Congress in 1985. The Compact is a cooperative effort of the party states to protect their citizens, and maintain and enhance economic viability, while sharing the responsibilities of low-level radioactive waste management. The member states of Alaska, Hawaii, Idaho, Montana, Oregon, Utah, Washington, and Wyoming have ratified the Compact.
In October 2009, the Regulatory Commission of Alaska (RCA) approved net metering regulations. These rules were finalized and approved by the lieutenant governor in January 2010 and became effective January 15, 2010. All electric utilities subject to economic regulation are required to offer net metering. Independent systems with retail sales of less than 5,000,000 kilowatt-hours (kWh) are exempt from offering net metering.
Alaska enacted legislation in June 2010 to authorize municipalities to pass ordinances that exempt residential renewable energy systems from taxation. Residential renewable energy systems are defined as systems, including wind, hydro and solar, that use an energy source other than fossil or nuclear fuel.
In October 2009, the Regulatory Commission of Alaska (RCA) approved net metering regulations. These rules were finalized and approved by the lieutenant governor in January 2010 and became effective January 15, 2010. In May 2011, the RCA approved interconnection guidelines. All utilities subject to Alaska's net metering regulations were required to issue revised tariffs that address interconnection.
Under the Home Energy Rebate Program, homeowners who want to make their own energy efficiency improvements on their home can receive a rebate for some of their expenditures. The program requires a home energy rater to evaluate homes before and after the improvements. Rebates are dependent on the relative amount of efficiency gained and the actual cost of improvements, when the eligible improvements are selected by the homeowner from the energy rating’s improvement options list.
Golden Valley Electric Association's (GVEA) SNAP program encourages members to install renewable energy generators and connect them to the utility's electrical distribution system by offering an incentive payment based on the system's production on a dollar per kilowatt-hour ($/kWh) basis. The amount paid to participating renewable energy producers depends on the total amount contributed by GVEA supporters.
Golden Valley Electric Association’s (GVEA) Builder $ense program targets home builders who install electrical energy efficiency measures during construction of residential buildings. Newly constructed residential buildings or those that have undergone major remodeling or additions are eligible for the rebate. New buildings must be receiving or have applied to receive service from GVEA at the site to qualify for the rebate program. Lighting, vehicle engine preheating plug-ins and eligible electric water heating equipment can also receive rebates.
BusBusiness $ense is a Golden Valley Electric Association (GVEA) program designed to increase the efficiency with which energy is used on GVEA's system. It provides rebates of up to $20,000 to existing facilities receiving the commercial rate who reduce their lighting loads through energy efficient lighting retrofit projects. Facilities on GVEA's commercial electric rate must submit an Energy Efficient Lighting Proposal for review. GVEA will then schedule a pre-project inspection. If the project is mutually beneficial and program monies are available, GVEA will offer a contract.
In June 2010, the Alaska Legislature enacted SB 220, an omnibus energy bill, which created several renewable energy and energy efficiency programs, including the Alaska Energy Efficiency Revolving Loan Fund Program. This program is administered by the Alaska Housing Finance Corporation (AHFC) and offers loans to schools, the University of Alaska, state government, and municipal governments for energy efficiency improvements.
The Alaska Housing Finance Corporation (AHFC) offers interest rate reductions to home buyers purchasing new and existing homes with 5 Star and 5 Star Plus energy ratings. All homes constructed on or after March 9, 2011, must meet Alaska Building Energy Efficiency Standard (BEES) 2011. Rate reductions are also available for energy improvements to older, existing home purchases. Any property that can be energy rated and is otherwise eligible for AHFC financing may qualify for this program.