Text: H01276                            Text: H01278
Text: H01200 - H01299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1277

Amendment Text

PAG LIN
  1  1    Amend House File 577 as follows:
  1  2    #1.  Page 1, by inserting after line 22 the
  1  3 following:
  1  4    "(4)  The contract provides the least-cost, long-
  1  5 term benefit available to the consumer."
  1  6    #2.  Page 2, by striking lines 13 through 16 and
  1  7 inserting the following:
  1  8    "f.  The contract costs or the portion of the
  1  9 contract costs that are required to provide service to
  1 10 the public utility's Iowa retail customers shall be
  1 11 included in the public utility's regulated retail
  1 12 electric rates if the board finds all of the following
  1 13 after a contested case proceeding:
  1 14    (1)  The power purchase contract is the least-cost
  1 15 alternative.
  1 16    (2)  The contract costs or the portion of the
  1 17 contract costs that are required to provide service to
  1 18 the public utility's Iowa retail customers are not
  1 19 offset by other cost decreases or revenue increases.
  1 20    (3)  The resulting return on common equity will not
  1 21 exceed the public utility's actual cost of common
  1 22 equity as determined by the board.
  1 23    The public utility may propose to recover the costs
  1 24 through an automatic adjustment of rates as provided
  1 25 in subsection 11." 
  1 26 
  1 27 
  1 28                               
  1 29 SCHRADER of Marion 
  1 30 HF 577.209 79
  1 31 jj/gg
     

Text: H01276                            Text: H01278
Text: H01200 - H01299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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