House Study Bill 150 



                                       SENATE/HOUSE FILE       
                                       BY  (PROPOSED OFFICE OF
                                            ENERGY INDEPENDENCE
                                            BILL)


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act establishing an energy efficiency savings standard
  2    applicable to gas and electric public utilities.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1301DP 83
  5 rn/rj/14

PAG LIN



  1  1    Section 1.  Section 476.6, subsection 16, Code 2009, is
  1  2 amended by adding the following new paragraph:
  1  3    NEW PARAGRAPH.  i.  For the period commencing July 1, 2010,
  1  4 and ending June 30, 2014, the capacity and energy savings
  1  5 performance standards developed for gas and electric public
  1  6 utilities required to be rate=regulated pursuant to paragraph
  1  7 "b", and the energy efficiency goals established by gas and
  1  8 electric public utilities pursuant to paragraph "c", shall be
  1  9 subject to and incorporate a minimum percentage reduction
  1 10 standard in projected energy use based upon the anticipated
  1 11 demand and population shifts within the utility's service
  1 12 area.  The minimum percentage reduction standard shall be
  1 13 equal to one and one=half percent for the first year of the
  1 14 period, followed by an additional one=percent reduction each
  1 15 year for the succeeding three years, resulting in a total
  1 16 percentage reduction of four and one=half percent.  The board
  1 17 shall determine a date by which each utility shall annually
  1 18 submit energy savings results achieved during the preceding
  1 19 twelve months documenting the extent to which the percentage
  1 20 reduction standard has been met.  The board may, in its
  1 21 discretion, permit this annual submission to be incorporated
  1 22 into the assessments required to be submitted by gas and
  1 23 electric utilities subject to rate regulation, and the
  1 24 progress reports required to be submitted by gas and electric
  1 25 utilities not subject to rate regulation, pursuant to
  1 26 paragraphs "b" and "c", respectively.
  1 27                           EXPLANATION
  1 28    This bill establishes a minimum percentage reduction
  1 29 standard in projected energy use for gas and electric public
  1 30 utilities.  The standard is phased in during the four=year
  1 31 period beginning July 1, 2010, and ending June 30, 2014, in an
  1 32 amount corresponding to an additional 1.5 percent reduction
  1 33 the first year, followed by an additional 1 percent reduction
  1 34 for each of the next three years.  The bill requires each
  1 35 utility to submit documentation annually during this period
  2  1 regarding the extent to which the standard has been met, which
  2  2 may, in the discretion of the Iowa utilities board, be
  2  3 incorporated into existing applicable reporting requirements.
  2  4 LSB 1301DP 83
  2  5 rn/rj/14