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Text: H05902                            Text: H05904
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House Amendment 5903

Amendment Text

PAG LIN
  1  1    Amend House File 2447 as follows:
  1  2    #1.  By striking everything after the enacting
  1  3 clause and inserting the following:
  1  4    "Sec.    .  Section 476.6, subsection 19, paragraph
  1  5 d, Code 1995, is amended by striking the paragraph and
  1  6 inserting in lieu thereof the following:
  1  7    d.  A gas or electric rate-regulated public utility
  1  8 may recover, through an automatic adjustment mechanism
  1  9 filed pursuant to subsection 11, over a period not to
  1 10 exceed the term of the plan, the costs of an energy
  1 11 efficiency plan approved by the board in a contested
  1 12 case proceeding conducted pursuant to paragraph "a".
  1 13 The board shall periodically conduct a contested case
  1 14 proceeding to evaluate the reasonableness and prudence
  1 15 of the utility's implementation of an approved energy
  1 16 efficiency plan and budget.  If a utility is not
  1 17 taking all reasonable actions to cost-effectively
  1 18 implement an approved energy efficiency plan, the
  1 19 board shall not allow the utility to recover from
  1 20 customers costs in excess of those costs that would be
  1 21 incurred under reasonable and prudent implementation
  1 22 and shall not allow the utility to recover future
  1 23 costs at a level other than what the board determines
  1 24 to be reasonable and prudent.  If the result of a
  1 25 contested case proceeding is a judgment against a
  1 26 utility, that utility's future level of cost recovery
  1 27 shall be reduced by the amount by which the programs
  1 28 were found to be imprudently conducted.  The utility
  1 29 shall not represent energy efficiency in customer
  1 30 billings as a separate cost or expense unless the
  1 31 board otherwise approves."
  1 32    #2.  Title page, by striking lines 1 through 4 and
  1 33 inserting the following:  "An Act allowing for
  1 34 recovery of certain utility costs."
  1 35    #3.  By renumbering as necessary.  
  1 36 
  1 37 
  1 38                              
  1 39 HOLVECK of Polk
  1 40 
  1 41 
  1 42                              
  1 43 SHOULTZ of Black Hawk
  1 44 
  1 45 
  1 46                              
  1 47 BURNETT of Story
  1 48 
  1 49 
  1 50                              
  2  1 BERNAU of Story
  2  2 HF 2447.515 76
  2  3 js/jw
     

Text: H05902                            Text: H05904
Text: H05900 - H05999                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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