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House Amendment 6014

Amendment Text

PAG LIN
  1  1    Amend Senate File 2370, as amended, passed, and
  1  2 reprinted by the Senate, as follows:
  1  3    #1.  By striking everything after the enacting
  1  4 clause and inserting the following:
  1  5    "Section 1.  Section 476.6, subsection 19,
  1  6 paragraph d, Code 1995, is amended by striking the
  1  7 paragraph and inserting in lieu thereof the following:
  1  8    d.  A gas or electric rate-regulated public utility
  1  9 may recover, through an automatic adjustment mechanism
  1 10 filed pursuant to subsection 11, over a period not to
  1 11 exceed the term of the plan, the costs of an energy
  1 12 efficiency plan approved by the board in a contested
  1 13 case proceeding conducted pursuant to paragraph "a".
  1 14 The board shall periodically conduct a contested case
  1 15 proceeding to evaluate the reasonableness and prudence
  1 16 of the utility's implementation of an approved energy
  1 17 efficiency plan and budget.  If a utility is not
  1 18 taking all reasonable actions to cost-effectively
  1 19 implement an approved energy efficiency plan, the
  1 20 board shall not allow the utility to recover from
  1 21 customers costs in excess of those costs that would be
  1 22 incurred under reasonable and prudent implementation
  1 23 and shall not allow the utility to recover future
  1 24 costs at a level other than what the board determines
  1 25 to be reasonable and prudent.  If the result of a
  1 26 contested case proceeding is a judgment against a
  1 27 utility, that utility's future level of cost recovery
  1 28 shall be reduced by the amount by which the programs
  1 29 were found to be imprudently conducted.  The utility
  1 30 shall not represent energy efficiency in customer
  1 31 billings as a separate cost or expense unless the
  1 32 board otherwise approves."
  1 33    #2.  Title page, by striking lines 1 through 6 and
  1 34 inserting the following:  "An Act allowing for
  1 35 recovery of certain utility costs." 
  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 WITT of Black Hawk
  2  2 SF 2370.207 76
  2  3 js/jj
     

Text: H06013                            Text: H06015
Text: H06000 - H06099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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