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House Journal: Page 1214: Tuesday, April 4, 1995

40   facility or any interested party, a
methane-producing
41   sanitary landfill the board shall establish for the
42   affected public utility just and economically
43   reasonable rates for electricity purchased under
44   subsection 1, paragraph "a".  The rates shall be
45   established at levels sufficient to stimulate the
46   development of alternate energy production and small
47   hydro facilities electricity generated from methane
48   production in a sanitary landfill in Iowa and to
49   encourage the continuation of existing capacity from
50   those facilities landfills.

Page 2  

 1     3.  The board may adopt individual utility or
 2   uniform statewide facility rates.  The board shall
 3   consider the following factors in setting individual
 4   or uniform rates:
 5     a.  The estimated capital cost of the next
 6   generating plant, including related transmission
 7   facilities, to be placed in service by the electric
 8   utility serving the area.
 9     b.  The term of the contract between the electric
10   utility and the seller.
11     c.  A levelized annual carrying charge based upon
12   the term of the contract and determined in a manner
13   consistent with both the methods and the current
14   interest or return requirements associated with the
15   electric utility's new construction program.
16     d.  The electric utility's annual energy costs,
17   including current fuel costs, related operation and
18   maintenance costs, and other energy-related costs
19   considered appropriate by the board.
20     e.  External factors, including but not limited to,
21   environmental and economic factors.
22     f.  Other relevant factors.
23     g.  If the board adopts uniform statewide rates,
24   the board shall use representative data in lieu of
25   utility specific information in applying the factors
26   listed in paragraphs "a" through "f".
27     4.  In the case of a utility that purchases all or
28   substantially all of its electricity requirements, the
29   rates established under this section must be based on
30   the electric utility's current purchased power costs.
31     5.  In lieu of the other procedures provided by
32   this section, an electric utility and an owner or
33   operator of an alternate energy production facility or
34   small hydro facility a methane-producing sanitary
35   landfill may enter into a long-term contract in
36   accordance with subsection 1 and may agree to rates
37   for purchase and sale transactions.  A contract
38   entered into under this subsection must be filed with
39   the board in the manner provided for tariffs under
40   section 476.4.

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01200/01214.html
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