Bill: Excess Power Program Earnings Would Aid Communities

NewsOK.com RSS - business, Daily Oklahoman: Business
Tue, 04/12/2016 - 10:32am

JUNEAU, Alaska (AP) — Excess funds from a program that provides assistance for rural areas faced with high electricity costs would help fund a community assistance program under legislation being considered in the Alaska Senate. Under the bill, half of any excess earnings from the Power Cost Equalization endowment fund, or $30 million, whichever is less, would go toward a community revenue sharing or assistance program.Read more on NewsOK.com

Topics: juneau alaska ap excess senate power cost equalization newsok bill program earnings assistance community fund

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Bill: Excess Power Program Earnings Would Aid Communities

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