Text: S05604                            Text: S05606
Text: S05600 - S05699                   Text: S Index
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Senate Amendment 5605

Amendment Text

PAG LIN
  1  1    Amend Senate File 2370 as follows:
  1  2    #1.  Page 5, by inserting after line 18 the
  1  3 following:
  1  4    "Sec.    .  Section 476.23, subsection 1, Code
  1  5 1995, is amended to read as follows:
  1  6    1.  An electric utility shall not construct or
  1  7 extend facilities or furnish or offer to furnish
  1  8 electric service to the existing point of delivery of
  1  9 any customer already receiving electric service from
  1 10 another electric utility without having first filed
  1 11 with the board the express written agreement of the
  1 12 electric utility presently serving this customer,
  1 13 except as otherwise provided in this section.  Any
  1 14 municipal corporation, after being authorized by a
  1 15 vote of the people, or any electric utility may file a
  1 16 petition with the board requesting a certificate of
  1 17 authority to furnish electric service to the existing
  1 18 point of delivery of any customer already receiving
  1 19 electric service from another electric utility.  If,
  1 20 after notice by the board to the electric utility
  1 21 currently serving the customer, objection to the
  1 22 petition is not filed and investigation is not deemed
  1 23 necessary, the board shall issue a certificate within
  1 24 thirty days of the filing of the petition.  When an
  1 25 objection is filed, if the board, after notice and
  1 26 opportunity for hearing, determines that service to
  1 27 the customer by the petitioner is in the public
  1 28 interest, including consideration of any unnecessary
  1 29 duplication of facilities, it the board shall grant
  1 30 this certificate in whole or in part, upon such terms,
  1 31 conditions, and restrictions as may be justified.
  1 32 Whether or not an objection is filed, any certificate
  1 33 issued shall require that the petitioner pay to the
  1 34 electric utility presently serving the customer, the
  1 35 reasonable price for facilities serving the customer.
  1 36 This price determination by the board shall include
  1 37 due consideration of the cost of the facilities being
  1 38 acquired, any necessary generating capacity and
  1 39 transmission capacity dedicated to the customer,
  1 40 depreciation, loss of revenue, and the cost of
  1 41 facilities necessary to reintegrate the system of the
  1 42 utility after detaching the portion sold.  For
  1 43 purposes of this section "reasonable price" means
  1 44 original cost less depreciation of the facilities
  1 45 being acquired."
  1 46    #2.  Title page, line 4, by inserting after the
  1 47 word "research" the following:  "and relating to
  1 48 electric service areas".
  1 49    #3.  By renumbering as necessary.  
  1 50 
  2  1 
  2  2                               
  2  3 ROD HALVORSON
  2  4 SF 2370.308 76
  2  5 js/cf
     

Text: S05604                            Text: S05606
Text: S05600 - S05699                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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