Text: H01239                            Text: H01241
Text: H01200 - H01299                   Text: H Index
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House Amendment 1240

Amendment Text

PAG LIN
  1  1    Amend House File 577 as follows:
  1  2    #1.  Page 2, by striking lines 13 through 16 and
  1  3 inserting the following:
  1  4    "f.  The contract costs or the portion of the
  1  5 contract costs that are required to provide service to
  1  6 the public utility's Iowa retail customers shall be
  1  7 included in the public utility's regulated retail
  1  8 electric rates if the board finds all of the following
  1  9 after a contested case proceeding:
  1 10    (1)  The power purchase contract is the least-cost
  1 11 alternative.
  1 12    (2)  The contract costs or the portion of the
  1 13 contract costs that are required to provide service to
  1 14 the public utility's Iowa retail customers are not
  1 15 offset by other cost decreases or revenue increases.
  1 16    (3)  The resulting return on common equity will not
  1 17 exceed the public utility's actual cost of common
  1 18 equity as determined by the board.
  1 19    The public utility may propose to recover the costs
  1 20 through an automatic adjustment of rates as provided
  1 21 in subsection 11." 
  1 22 
  1 23 
  1 24                               
  1 25 CHIODO of Polk
  1 26 HF 577.305 79
  1 27 jj/cf
     

Text: H01239                            Text: H01241
Text: H01200 - H01299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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