If a supplemental appropriation is received for the power cost equalization program after the authority has made a pro rata reduction under AS 42.45.110(i), the authority will

1. (1) increase the power cost equalization payments to be made to eligible utilities for the rest of the fiscal year on a pro rata basis up to the maximum allowable under AS 42.45.110; and
2. (2) if any money remains after payments are made under (1) of this section, make additional power cost equalization payments to eligible utilities that received reduced payments under AS 42.45.110(i) to restore funding to the maximum allowable under AS 42.45.110 for each month, starting from the most recent month and going back to the beginning of the state fiscal year.

(Eff. 7/30/2006, Register 179)

Authority: AS 42.45.100, AS 42.45.160, AS 44.83.080, AS 42.45.110, AS 42.45.170