Senate File 334 - Introduced SENATE FILE 334 BY HOGG A BILL FOR An Act relating to potential energy and capacity savings 1 assessments conducted by specified gas and electric public 2 utilities. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 2619XS (3) 84 rn/nh
S.F. 334 Section 1. Section 476.6, subsection 16, paragraph b, Code 1 2011, is amended to read as follows: 2 b. (1) A gas and electric utility required to be 3 rate-regulated under this chapter shall assess potential energy 4 and capacity savings available from actual and projected 5 customer usage by applying commercially available technology 6 and improved operating practices to energy-using equipment 7 and buildings. The utility shall submit the assessment to 8 the board. The utility shall also assess for the succeeding 9 twenty-year period the following: 10 (a) Projected energy demand. 11 (b) Energy efficiency and conservation trends, practices, 12 and requirements. 13 (c) Industrial cogeneration of electricity. 14 (d) Renewable energy trends, practices, and requirements. 15 (e) Transmission improvements. 16 (f) Options for meeting the projected demand through means 17 other than energy efficiency. 18 (g) Projected environmental impacts including greenhouse 19 gas emissions. 20 (h) Projected grid reliability. 21 (i) Projected energy costs. 22 (j) Projected energy supply payments to citizens of this 23 state. 24 (k) Projected energy-related employment outlook and impact. 25 (2) The utility shall submit the assessments specified in 26 subparagraph (1) to the board. Upon receipt of the assessment 27 assessments , the board shall consult with the office of 28 energy independence to develop specific capacity and energy 29 savings performance standards for each utility. The utility 30 shall submit an energy efficiency plan which shall include 31 economically achievable programs designed to attain these 32 energy and capacity performance standards. The board shall 33 periodically report the energy efficiency results including 34 energy savings of each utility to the general assembly. 35 -1- LSB 2619XS (3) 84 rn/nh 1/ 2
S.F. 334 EXPLANATION 1 This bill expands energy-related assessments which gas and 2 electric utilities subject to rate-regulation by the Iowa 3 utilities board are required to conduct and submit to the 4 board. 5 Currently, gas and electric utilities required to be 6 rate-regulated are required to assess potential energy and 7 capacity savings available from actual and projected customer 8 usage by applying commercially available technology and 9 improved operating practices to energy-using equipment and 10 buildings. The bill adds additional factors or issues to 11 be assessed over a 20-year period. They include assessing 12 projected energy demand; energy efficiency and conservation 13 trends, practices, and requirements; industrial cogeneration 14 of electricity; renewable energy trends, practices, and 15 requirements; transmission improvements; options for 16 meeting the projected demand through means other than 17 energy efficiency; projected environmental impacts including 18 greenhouse gas emissions; projected grid reliability; projected 19 energy costs; projected energy supply payments to citizens of 20 this state; and the projected energy-related employment outlook 21 and impact. 22 -2- LSB 2619XS (3) 84 rn/nh 2/ 2