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