(a) The Railbelt Transmission Organization is created for the purpose of establishing an open access transmission tariff that
- (1) provides for recovery of transmission costs and related ancillary services; and
- (2) replaces wholesale charges assessed by unit by each utility in the Railbelt with a new mechanism that fairly recovers and equitably allocates the costs of operating the backbone transmission system.
- (b) For administrative purposes, the transmission organization is a division of the Alaska Energy Authority.
- (c) To assist in administering the open access transmission tariff, the governance structure for the transmission organization must be made up of a representative from the authority, a representative from each Railbelt utility, and, as an ex officio nonvoting representative, the chief executive officer of the applicable electric reliability organization or the chief executive officer's designee.
- (d) Notwithstanding AS 42.05.711(b) and AS 44.83.090(b), the transmission organization is subject to the jurisdiction of the commission for the purposes of AS 44.83.700 — 44.83.720. The commission shall require the transmission organization to apply for a certificate under AS 42.05.221 and file tariffs to achieve the purposes of AS 44.83.700 — 44.83.720.