Text: HF02295 Text: HF02297 Text: HF02200 - HF02299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 476.44, subsection 2, Code 2001, is 1 2 amended to read as follows: 1 3 2. a. An electric utility subject to this division, 1 4 except a utilitywhichthat elects rate regulation pursuant to 1 5 section 476.1A, shall not be required to purchase, at any one 1 6 time, more than its scheduled percentage share ofone hundred1 7five megawatts of powerits Iowa retail load from alternative 1 8 energy production facilities or small hydro facilities at the 1 9 rates established pursuant to section 476.43. The board shall 1 10allocate the one hundred five megawattsmake the allocations 1 11 based upon each utility's percentage of the total Iowa retail 1 12 peak demand, fortheeach year, beginning January 1,1990,of 1 13 all utilities subject to this section, based on the following 1 14 schedule: 1 15 (1) Until January 1, 2010, two percent. 1 16 (2) Beginning January 1, 2010, ten percent. 1 17 (3) Beginning January 1, 2020, twenty percent. 1 18 b. If a utility undergoes reorganization as defined in 1 19 section 476.76, the board shall combine the allocated 1 20 purchases of power for each utility involved in the 1 21 reorganization. 1 22 c. Notwithstanding theone hundred five megawattcurrent 1 23 applicable maximum, the board may increase the amount of power 1 24 that a utility is required to purchase at the rates 1 25 established pursuant to section 476.43 if the board finds that 1 26 a utility, including a reorganized utility, exceedsits 19901 27 the Iowa retail peak demand level for the utility for the 1 28 prior year by twenty percent and the additional power the 1 29 utility is required to purchase will encourage the development 1 30 of alternate energy production facilities and small hydro 1 31 facilities. The increase shall not exceed the utility's 1 32 increase in peak demand multiplied by the ratio of the 1 33 utility's share of theone hundred five megawattcurrent 1 34 scheduled maximum to its1990Iowa retail peak demand. 1 35 EXPLANATION 2 1 This bill amends Code section 476.44, relating to required 2 2 purchases by electric utilities from alternative energy 2 3 production facilities, generally defined in Code section 2 4 476.42 as solar facilities, wind turbines, waste management, 2 5 resource recovery, refuse-derived fuels, agricultural crops or 2 6 residues, or woodburning facilities, or small hydro 2 7 facilities. 2 8 Code section 476.43 requires the utilities board to require 2 9 electric utilities to enter into long-term contracts for the 2 10 purchase of electricity from alternative energy production 2 11 facilities, subject to Code section 476.44. Code section 2 12 476.44 currently requires all electric utilities together to 2 13 purchase 105 megawatts of electricity from alternative energy 2 14 production facilities. One hundred five megawatts is 2 15 approximately 2 percent of current Iowa retail load, and the 2 16 bill restates the concept in this more frequently used 2 17 terminology. 2 18 The bill would also increase the percentage purchase 2 19 required of all electric utilities to 10 percent in 2010 and 2 20 20 percent in 2020. 2 21 LSB 6184HH 79 2 22 jj/sh/8
Text: HF02295 Text: HF02297 Text: HF02200 - HF02299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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