S.F. 105 Section 1. Section 476.44, subsection 2, Code 2019, is 1 amended by striking the subsection. 2 Sec. 2. NEW SECTION . 476.44B Solar energy minimum purchase 3 standard. 4 An electric utility required to be rate-regulated under this 5 chapter shall produce or purchase, by July 1 of the designated 6 year, the following minimum amounts of electricity generated by 7 solar energy facilities: 8 1. One thousand five hundred megawatts in 2020. 9 2. Two thousand megawatts in 2022. 10 3. Three thousand megawatts in 2025, and each year 11 thereafter. 12 EXPLANATION 13 The inclusion of this explanation does not constitute agreement with 14 the explanation’s substance by the members of the general assembly. 15 Electric utilities are currently required to either own or 16 purchase their proportionate share of 105 megawatts of power 17 from alternate energy production facilities or small hydro 18 facilities, as those terms are defined in Code section 476.42. 19 That proportionate share is allocated by the Iowa utilities 20 board. 21 This bill replaces this requirement with a solar energy 22 minimum purchase standard applicable to electric utilities 23 required to be rate-regulated under Code chapter 476. The 24 bill requires rate-regulated electric utilities to either 25 produce or purchase the following amounts of solar energy as 26 specified: 1,500 megawatts by July 1, 2020; 2,000 megawatts 27 by July 1, 2022; and 3,000 megawatts by July 1, 2025, and each 28 year thereafter. 29 -1- LSB 1733XS (1) 88 gh/rn 1/ 1