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House Journal: Page 1709: Wednesday, April 17, 1996

46   to be reasonable and prudent.  If the result of a
47   contested case proceeding is a judgment against a
48   utility, that utility's future level of cost recovery
49   shall be reduced by the amount by which the programs
50   were found to be imprudently conducted.  The utility

Page   5

 1   shall not represent energy efficiency in customer
 2   billings as a separate cost or expense unless the
 3   board otherwise approves.
 4     Sec. 13.  Section 476.6, Code 1995, is amended by
 5   adding the following new subsection:
 6     NEW SUBSECTION.  22.   ALTERNATE ENERGY PROMOTIONAL
 7   RATES.  The board shall require that electric
 8   utilities offer to their customers the opportunity to
 9   pay, on a voluntary basis, an alternate energy
10   promotional rate.  This rate shall exceed the rate for
11   electricity otherwise payable and shall be designed
12   and encouraged by the electric utility to maximize
13   voluntary financial support for alternate energy
14   production.  The alternate energy promotional rate
15   shall be filed as a tariff with the board pursuant to
16   section 476.4.  Retaining only amounts approved by the
17   board for its administrative and marketing costs, the
18   electric utility shall remit that portion of the
19   electric rate attributable to the alternate energy
20   promotional rate to the state treasurer to be
21   allocated to the general fund of the state.
22     Sec. 14.  Section 476.10A, Code 1995, is amended to
23   read as follows:
24     476.10A  FUNDING FOR IOWA ENERGY CENTER AND GLOBAL
25 WARMING CENTER FOR GLOBAL AND REGIONAL ENVIRONMENTAL
26   RESEARCH.
27     The board shall direct all gas and electric
28   utilities to remit to the treasurer of state one-tenth
29   of one percent of the total gross operating revenues
30   during the last calendar year derived from their
31   intrastate public utility operations.  The board shall
32   by rule provide a schedule for remittances which shall
33   require that the first remittance be made not before
34   July 1, 1991.  The amounts collected pursuant to this
35   section shall be in addition to the amounts permitted
36   to be assessed pursuant to section 476.10.  The board
37   shall allow inclusion of these amounts in the budgets
38   approved by the board pursuant to section 476.6,
39   subsection 19, paragraph "a".  Eighty-five percent of
40   the remittances collected pursuant to this section is
41   appropriated to the Iowa energy center created in
42   section 266.39C.  Fifteen percent of the remittances
43   collected pursuant to this section is appropriated to
44   the center for global warming and regional

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 2)

© 1996 Cornell College and League of Women Voters of Iowa

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Last update: Thu Apr 18 13:30:03 CDT 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/01700/01709.html
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