1. (a) An electric reliability organization shall maintain its books and records in a manner that separately shows its

   1. (1) costs of general administration, developing reliability standards, ensuring compliance with and enforcement of reliability standards, and integrated resource planning; and
   2. (2) costs associated with the standards required by AS 42.05.770(1).
2. (b) After an electric reliability organization's initial surcharge has been approved, the electric reliability organization shall file surcharge revisions at least annually. An electric reliability organization may file a surcharge revision more often than annually, if necessary, to adequately collect its costs.

3. (c) For purposes of determining surcharge revisions, an electric reliability organization shall maintain a balancing account, the balance of which must be entered into the surcharge calculation with the following entries made:

   1. (1) a debit entry equal to the actual costs of budgeted categories that the commission approved for recovery in the previous surcharge filing;
   2. (2) a credit entry equal to the surcharge collected from the load-serving entities;
   3. (3) a credit entry equal to any penalties levied under AS 42.05.775 and collected by the electric reliability organization;
   4. (4) a credit entry equal to dues, fees, and other charges collected by the electric reliability organization under AS 42.05.762(3)(B), if applicable.
4. (d) If the commission suspends an electric reliability organization's surcharge filing for further investigation, the commission may allow the surcharge to go into effect on an interim and refundable basis.
5. (e) If a load-serving entity is located within an interconnected bulk-electric system served by an electric reliability organization, and is subject to an electric reliability organization surcharge, the load-serving entity may implement a separate charge on its bills to retail customers to collect the commission-approved electric reliability organization surcharge it is assessed, after the electric reliability organization has been certificated and the commission has approved its initial budget.
6. (f) A load-serving entity may implement a charge in accordance with (e) of this section, without prior commission approval, after the commission has approved the electric reliability organization's surcharge. Not later than 15 days after implementing a charge under (e) of this section, a regulated utility shall submit a tariff filing under the procedures set out in 3 AAC 48.220 and 3 AAC 48.270.

(Eff. 3/11/2022, Register 241)

Authority: AS 42.05.141, AS 42.05.762, AS 42.05.775, AS 42.05.151, AS 42.05.770