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National Energy Act (641): Difference between revisions
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:1.1 - All present subsidies and corporate tax discounts for energy creation and distribution shall be ended.
:1.2 - The Kodiak Ministry of Commerce and Labour shall create the Department of Utilities Management - empowered to acquire 100% of the current standing energy infrastructure, including but not limited to transformers, lines, pumps, piping, monitoring stations, power plants, and energy resource distribution services.
:1.3 - In accordance with the findings of an independent public financial review and consultation with the organisational boards and majority shareholders of the fifteen largest energy providers currently residing within Kodiak, the Ministry of Revenue and Treasury shall allocate a one
==Article 2 - Creation of the Kodiak Electricity and Gas Utilities Company (KEGU Co)==
:2.1 - The Kodiak Electricity and Gas Utilities Company (KEGU Co) shall be created under the Department of
:2.2 - KEGU Co shall be run by an independent board of 12 members, three representatives from the employees, six representatives as chosen by the parliament, and three expert representatives as chosen by the prior nine for five year terms.
:2.3 - KEGU
:2.4 - The KEGU Co shall be allocated ₣2,500 million in public funds each quarter via the Ministry of Commerce and Labour.
==Article 3 - Compulsory Energy Meter Provision==
:3.1 - It shall be an obligation that all private and public lots, commercial, industrial, and residential, must have installed a state-provided natural gas and electrical meter easily accessible from a public street or appropriate
:3.2 - KEGU Co shall provide, at subsidised cost not to exceed $500 for installation, a KEGU Co approved SMART meter for any property that requests such. These meters shall have the computational capability of monitoring, limiting, and planning for energy consumption by the end consumer, as well as real time fees and pricing data.
:3.3 - The KEGU Co shall be allocated ₣400 million in public funds each quarter via the Ministry of Commerce and Labour.
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