With the passage of Senate Bill 57, the Alaska State Legislature, with support from the Governor’s Office, appropriated $6.3 million, fully funding the top six projects as provided in AEA’s Round 17 recommended projects list. A link to the list of these six projects funded in the FY2026 capital budget is provided below.
In light of the significant fiscal constraints faced by the State of Alaska for the FY2026 budget year, it is with great appreciation and sincere thanks to those members of the 34th legislature and the Governor’s office, that funding for the REF was not subjected to any reductions throughout the FY2026 capital budget deliberations. The $6.3 million appropriation mirrors the same amount as was set aside for REF projects in the Governor’s FY2026 Proposed Capital Budget. The FY2026 funding for these six projects as selected for award are set to become effective September 11, 2025.
If you need assistance, please contact AEA’s grants coordinator by email at grants@akenergyauthority.org or by phone at (907) 771-3081.
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