Senate Amendment 5216


PAG LIN

     1  1    Amend House File 2399, as amended, passed, and
     1  2 reprinted by the House, as follows:
     1  3 #1.  Page 2, line 11, after <state> by inserting <,
     1  4 and to attain a total nameplate capacity for installed
     1  5 wind generation of ten gigawatts by the year 2020 and
     1  6 twenty gigawatts by the year 2030>
     1  7 #2.  Page 2, after line 34 by inserting:
     1  8    <3.  Rate=regulated public utilities shall make
     1  9 standard offers to purchase electricity from renewable
     1 10 energy producers that have applied for or are approved
     1 11 to utilize a tax credit under chapter 476B or 476C.
     1 12 The standard offers shall continue in effect for
     1 13 a twenty=year period and provide for the renewable
     1 14 energy producer's cost of development for the renewable
     1 15 energy facility plus a reasonable profit.  The offers
     1 16 shall not contain any provisions that would provide
     1 17 an unreasonable burden or barrier to the development
     1 18 of the renewable energy facility.  The initial
     1 19 standard offer shall be seven and one=half cents per
     1 20 kilowatt=hour and shall be applicable on the effective
     1 21 date of this Act.  By January 1, 2012, the board may,
     1 22 by rule, modify the standard offer as long as such
     1 23 modification continues to provide for the producer's
     1 24 cost of development plus a reasonable profit.>
     1 25 #3.  Page 2, line 35, by striking <4. 3.> and
     1 26 inserting <4.>
     1 27 #4.  Title page, line 6, after <facility,> by
     1 28 inserting <requiring purchase offers by rate=regulated
     1 29 public utilities to specified energy producers,>


                                        
          JOHN P.  KIBBIE


                                        
          DARYL BEALL


                                        
          JOE BOLKCOM
          HF2399.2012 (4) 83
          rn/sc

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