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House Amendment 4025

Amendment Text

PAG LIN
  1  1    Amend House File 567 as follows:
  1  2    #1.  Page 2, by inserting after line 2 the
  1  3 following:
  1  4    "Sec.    .  Section 476.44, subsection 2, Code
  1  5 1995, is amended to read as follows:
  1  6    2.  An electric utility subject to this division,
  1  7 except a utility which elects rate regulation pursuant
  1  8 to section 476.1A, shall not be required to purchase,
  1  9 at any one time, more than its share of one hundred
  1 10 five megawatts of power from alternative energy
  1 11 production facilities or small hydro facilities at the
  1 12 rates established pursuant to section 476.43.  An
  1 13 alternate energy production facility or a small hydro
  1 14 facility is limited to providing not more than thirty-
  1 15 three percent of the total alternate energy required
  1 16 to be purchased under this section.  The board shall
  1 17 allocate the one hundred five megawatts based upon
  1 18 each utility's percentage of the total Iowa retail
  1 19 peak demand, for the year beginning January 1, 1990,
  1 20 of all utilities subject to this section.  If a
  1 21 utility undergoes reorganization as defined in section
  1 22 476.76, the board shall combine the allocated
  1 23 purchases of power for each utility involved in the
  1 24 reorganization.
  1 25    Notwithstanding the one hundred five megawatt
  1 26 maximum, the board may increase the amount of power
  1 27 that a utility is required to purchase at the rates
  1 28 established pursuant to section 476.43 if the board
  1 29 finds that a utility, including a reorganized utility,
  1 30 exceeds its 1990 Iowa retail peak demand by twenty
  1 31 percent and the additional power the utility is
  1 32 required to purchase will encourage the development of
  1 33 alternate energy production facilities and small hydro
  1 34 facilities.  The increase shall not exceed the
  1 35 utility's increase in peak demand multiplied by the
  1 36 ratio of the utility's share of the one hundred five
  1 37 megawatt maximum to its 1990 Iowa retail peak demand."
  1 38    #2.  Page 2, by striking lines 16 through 25.
  1 39    #3.  By renumbering as necessary.  
  1 40 
  1 41 
  1 42                              
  1 43 HOLVECK of Polk
  1 44 
  1 45 
  1 46                              
  1 47 SHOULTZ of Black Hawk
  1 48 HF 567.301 76
  1 49 js/cf
     

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