Senate File 2071 - Introduced



                                 SENATE FILE       
                                 BY  HOGG, BOLKCOM, BLACK, RAGAN,
                                     STEWART, APPEL, DOTZLER, SENG,
                                     OLIVE, BEALL, HECKROTH, SCHMITZ,
                                     DVORSKY, DEARDEN, DANIELSON,
                                     HATCH, KREIMAN, KIBBIE, FRAISE,
                                     McCOY, CONNOLLY, and RIELLY


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to renewable energy production by specifying an
  2    electricity renewable energy standard.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 6035SS 82
  5 rn/rj/5

PAG LIN



  1  1    Section 1.  Section 476.44, subsection 2, Code 2007, is
  1  2 amended to read as follows:
  1  3    2.  An electric utility subject to this division, except a
  1  4 utility that elects rate regulation pursuant to section
  1  5 476.1A, shall not be required to own or purchase, at any one
  1  6 time, more than its share of one hundred five megawatts of
  1  7 power from alternative energy production facilities or small
  1  8 hydro facilities at the rates established pursuant to section
  1  9 476.43.  The board shall allocate the one hundred five
  1 10 megawatts based upon each utility's percentage of the total
  1 11 Iowa retail peak demand, for the year beginning January 1,
  1 12 1990, of all utilities subject to this section.  If a utility
  1 13 undergoes reorganization as defined in section 476.76, the
  1 14 board shall combine the allocated purchases of power for each
  1 15 utility involved in the reorganization.
  1 16    Notwithstanding the one hundred five megawatt maximum, the
  1 17 board may increase the amount of power that a utility is
  1 18 required to own or purchase at the rates established pursuant
  1 19 to section 476.43 if the board finds that a utility, including
  1 20 a reorganized utility, exceeds its 1990 Iowa retail peak
  1 21 demand by twenty percent and the additional power the utility
  1 22 is required to purchase will encourage the development of
  1 23 alternate energy production facilities and small hydro
  1 24 facilities.  The increase shall not exceed the utility's
  1 25 increase in peak demand multiplied by the ratio of the
  1 26 utility's share of the one hundred five megawatt maximum to
  1 27 its 1990 Iowa retail peak demand.  An electric utility shall
  1 28 produce or purchase at least the following percentages of its
  1 29 total annual Iowa retail electric sales from alternate energy
  1 30 production facilities or small hydro facilities:
  1 31    a.  By December 31, 2014, fourteen percent.
  1 32    b.  By December 31, 2020, twenty percent.
  1 33    c.  By December 31, 2025, twenty=five percent.
  1 34                           EXPLANATION
  1 35    This bill relates to alternative and renewable energy
  2  1 production.  The bill requires electric utilities to produce
  2  2 or purchase increasing percentages of their total annual Iowa
  2  3 retail electric sales from alternative energy production
  2  4 facilities or small hydro facilities, as defined in Code
  2  5 section 476.42, by specified dates.
  2  6 LSB 6035SS 82
  2  7 rn/rj/5