On application in writing by a subscriber, subscriber organization, or electric utility, or on its own motion, the commission may grant by order a modification or waiver of a requirement
- (1) in AS 42.05.725 - AS 42.05.735 or 3 AAC 50.950 - 3 AAC 50.999, based on a finding by the commission that no legitimate public interest will be served by enforcing the requirement, unless the requirement is otherwise required by another provision of AS 42.05; or
- (2) of AS 42.05 not described in paragraph (1) of this section, based on a finding by the commission that the modification or waiver is in the public interest.