From the Fairbanks Daily Newsminer May 16, 2008
JUNEAU — Gov. Sarah Palin on Thursday proposed a $1.2 billion, one-year plan to help offset the high energy costs paid by the state’s residents.
Grants totaling $475 million would be given to utility companies operating in the state, to be used to lower customer bills.
Palin said she expects monthly bills to be reduced by 60 percent because of the state aid.
Most residents also would receive $100 Energy Debit Cards monthly under the proposal, which requires legislative approval.
Click here to read the full article.