The proposed arrangements for financing an energy or resilience improvement project may authorize the property owner to

(1) purchase directly the related equipment and materials for the energy or resilience improvement project; and
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Terms Used In Alaska Statutes 29.55.125

  • Contract: A legal written agreement that becomes binding when signed.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • property: includes real and personal property. See Alaska Statutes 01.10.060
(2) contract directly, including through lease, a power purchase agreement, or other service contract, for the energy or resilience improvement project.
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