- (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.
(Eff. 2/16/96, Register 137)
Authority: AS 44.45.200, AS 44.83.080