House Journal: Page 38: Tuesday, June 19, 2001
31 pursuant to a contract in effect prior to July 1,
32 2001, and continues until the expiration of the
33 contract, including any options to renew that are
34 exercised by the electric utility.
35 b. The electric utility has a financial interest,
36 as of July 1, 2001, in the alternate energy production
37 facility that is located outside of Iowa, or in an
38 entity that has a financial interest in an alternate
39 energy production facility located outside of Iowa.
40 c. The energy is purchased by an electric utility
41 that is not rate-regulated and that is required to
42 purchase all of its electric power requirements from a
43 single supplier that is physically located outside of
44 Iowa.
45 5. This section shall not apply to non-rate-
46 regulated electric utilities physically located
47 outside of Iowa that serve Iowa customers.
48 6. Any consumer-owned utility may apply to the
49 board for a waiver under this section, and the board,
50 for good cause, may grant the waiver.
Page 7
1 Sec. 12. Section 476.53, Code 2001, is amended by
2 striking the section and inserting in lieu thereof the
3 following:
4 476.53 ELECTRIC GENERATING AND TRANSMISSION
5 FACILITIES.
6 1. It is the intent of the general assembly to
7 attract the development of electric power generating
8 and transmission facilities within the state in
9 sufficient quantity to ensure reliable electric
10 service to Iowa consumers and provide economic
11 benefits to the state.
12 2. The general assembly's intent with regard to
13 the development of electric power generating and
14 transmission facilities, as provided in subsection 1,
15 shall be implemented in a manner that is cost-
16 effective and compatible with the environmental
17 policies of the state, as expressed in Title XI.
18 3. a. If a rate-regulated public utility files an
19 application pursuant to section 476A.3 to construct in
20 Iowa a baseload electric power generating facility
21 with a nameplate generating capacity equal to or
22 greater than three hundred megawatts or a combined-
23 cycle electric power generating facility, or an
24 alternate energy production facility as defined in
25 section 476.42, or if a rate-regulated public utility
26 leases or owns in Iowa, in whole or in part, a new
27 baseload electric power generating facility with a
28 nameplate generating capacity equal to or greater than
29 three hundred megawatts or a combined-cycle electric
© 2001 Cornell College and
League of Women Voters of Iowa
Comments about this site or page?
hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu Jun 21 13:35:00 CDT 2001
URL: /DOCS/GA/79GA/Session.1/HJournal/00000/00038.html
jhf