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Governor, legislators propose protecting the Power Cost Equalization Fund. Here’s what it does Jill Burke © Provided by Anchorage KTUU-TV With one week left until the regular session ends, Gov. Mike Dunleavy unveiled a proposal to put a new Permanent Fund dividend formula in the constitution alongside a program that reduces power bills in rural Alaska. ANCHORAGE, Alaska (KTUU) - Alaska Gov. Mike Dunleavy is encouraging the Legislature to constitutionally protect the payments that help lower energy costs for rural Alaskans. On Wednesday, Dunleavy proposed moving the state’s $1 billion Power Cost Equalization Fund, or PCE, into the principle of the Permanent Fund. Protecting it through an amendment to the Alaska Constitution would ensure money drawn from the endowment’s earnings go where intended to help offset energy costs in rural Alaska.

United statesCook inletLyman hoffmanDelena johnsonMike dunleavyCurtis thayerAlaska energy authorityPower cost equalization fundPermanent fundAlaska constitutionAlaska energyNews sourceSouthcentral alaskaPower cost assistanceநியாயமான வங்கிகள்ஒன்றுபட்டது மாநிலங்களில்