Senate File 301 - Introduced SENATE FILE BY HOGG, DANIELSON, and DOTZLER Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act requiring the Iowa utilities board to establish rules 2 applicable to merchant power plants providing for energy 3 conservation, energy efficiency, renewable energy, and 4 research and technology development requirements comparable to 5 those applying to utilities regulated by the board, and 6 providing effective and applicability dates. 7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 8 TLSB 2611XS 82 9 rn/je/5 PAG LIN 1 1 Section 1. NEW SECTION. 476.1E APPLICABILITY OF 1 2 AUTHORITY == MERCHANT POWER PLANTS. 1 3 1. For purposes of this section, "merchant power plant" 1 4 means a power plant which generates electricity for sale in 1 5 the open wholesale power market which is not subject to rate 1 6 regulation pursuant to this chapter. 1 7 2. Unless otherwise specifically provided by statute, a 1 8 merchant power plant furnishing electricity is not subject to 1 9 regulation by the board under this chapter, except for 1 10 regulatory action pertaining to: 1 11 a. Encouragement of alternate energy production 1 12 facilities, as set forth in sections 476.41 through 476.45. 1 13 b. Assessment of fees for the support of the Iowa energy 1 14 center created in section 266.39C and the center for global 1 15 and regional environmental research created by the state board 1 16 of regents. 1 17 c. Filing energy efficiency plans and energy efficiency 1 18 results with the board, as set forth in section 476.6, 1 19 subsection 16. 1 20 d. Filing alternate energy purchase program plans with the 1 21 board, and offering such programs to customers, pursuant to 1 22 section 476.47. 1 23 3. The board may waive all or part of the energy 1 24 efficiency filing and review requirements for merchant power 1 25 plants demonstrating superior results with existing energy 1 26 efficiency efforts. 1 27 4. The board shall adopt rules prescribing regulatory 1 28 standards and implementation procedures relating to 1 29 application of the requirements set forth in subsection 2. 1 30 Sec. 2. EFFECTIVE DATE AND RETROACTIVE APPLICABILITY. 1 31 This Act, being deemed of immediate importance, takes effect 1 32 upon enactment and is retroactively applicable to merchant 1 33 power plants constructed in this state on or after January 1, 1 34 2007. 1 35 EXPLANATION 2 1 This bill applies existing requirements relating to 2 2 specified energy programs, requirements, and funds applicable 2 3 to regulated utilities pursuant to Code chapter 476 to 2 4 merchant power plants. The bill defines a merchant power 2 5 plant as a power plant which generates electricity for sale in 2 6 the open wholesale power market and not subject to rate 2 7 regulation. 2 8 The bill provides that unless otherwise specifically 2 9 provided by statute a merchant power plant furnishing 2 10 electricity is not subject to regulation by the Iowa utilities 2 11 board pursuant to Code chapter 476, except for specified 2 12 provisions of that chapter. The bill makes applicable to 2 13 merchant power plants provisions relating to encouragement of 2 14 alternate energy production facilities pursuant to Code 2 15 sections 476.41 through 476.45, assessment of fees for the 2 16 support of the Iowa energy center created in Code section 2 17 266.39C and the center for global and regional environmental 2 18 research created by the state board of regents, filing energy 2 19 efficiency plans and energy efficiency results with the board 2 20 pursuant to Code section 476.6, and filing alternate energy 2 21 purchase program plans with the board and offering such 2 22 programs to customers pursuant to Code section 476.47. 2 23 The bill provides that the board may waive all or part of 2 24 the energy efficiency filing and review requirements for 2 25 merchant power plants demonstrating superior results with 2 26 existing energy efficiency efforts, and that the board shall 2 27 adopt rules prescribing regulatory standards and 2 28 implementation procedures relating to application of the 2 29 specified requirements. 2 30 The bill takes effect upon enactment and is retroactively 2 31 applicable to merchant power plants constructed in this state 2 32 on or after January 1, 2007. 2 33 LSB 2611XS 82 2 34 rn:nh/je/5