Text: SSB02118 Text: SSB02120 Text: SSB02100 - SSB02199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 476.6, subsection 19, paragraph e, Code 1 2 1997, is amended to read as follows: 1 3 e. A gas or electric utility required to be rate-regulated 1 4 under this chapter may recover, through an automatic 1 5 adjustment mechanism filed pursuant to subsection 11, over a 1 6 period not to exceed the term of the plan, the costs of an 1 7 energy efficiency plan approved by the board, including 1 8 amounts for a plan approved prior to July 1, 1996, in a 1 9 contested case proceeding conducted pursuant to paragraph "c". 1 10 The board shall periodically conduct a contested case 1 11 proceeding to evaluate the reasonableness and prudence of the 1 12 utility's implementation of an approved energy efficiency plan 1 13 and budget. If a utility is not taking all reasonable actions 1 14 to cost-effectively implement an approved energy efficiency 1 15 plan, the board shall not allow the utility to recover from 1 16 customers costs in excess of those costs that would be 1 17 incurred under reasonable and prudent implementation and shall 1 18 not allow the utility to recover future costs at a level other 1 19 than what the board determines to be reasonable and prudent. 1 20 If the result of a contested case proceeding is a judgment 1 21 against a utility, that utility's future level of cost 1 22 recovery shall be reduced by the amount by which the programs 1 23 were found to be imprudently conducted. The utility shall not 1 24 represent energy efficiency and alternate energy in customer 1 25 billings as a separate cost or expenseunless the board1 26otherwise approves. 1 27 EXPLANATION 1 28 Currently, a rate-regulated gas or electric utility may 1 29 recover the costs of an energy efficiency plan approved by the 1 30 board from the utility's customers through an automatic 1 31 adjustment mechanism. The utility is prohibited from 1 32 representing on a customer billing, as a separate cost or 1 33 expense, the amount assessed to the customer for costs of the 1 34 energy efficiency plan. 1 35 This bill provides that the cost or expense incurred by 2 1 such utility and associated with alternate energy shall also 2 2 not be represented on a customer billing as a separate cost or 2 3 expense. 2 4 LSB 4228SC 77 2 5 mj/sc/14
Text: SSB02118 Text: SSB02120 Text: SSB02100 - SSB02199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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