HF 2331 (LSB 6127HH (1) 90)

HOUSE FILE 2331

BY  ISENHART

A BILL FOR

An Act relating to energy efficiency plans adopted by gas and electric utilities.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 476.6, subsection 15, paragraph e, Code 2024, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (3)  A gas or electric utility required to submit an energy efficiency plan under this subsection shall carry over the moneys budgeted in an energy efficiency plan but not expended in a given year during the term of the plan to the succeeding year of the plan if the surplus occurred prior to the final year of the plan. A surplus of moneys budgeted in an energy efficiency plan during the final year of a plan but not expended during the final year of a plan shall carry over to the first year of a succeeding plan.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to energy efficiency plans adopted by gas and electric utilities. The bill requires a gas or electric utility that is required to submit an energy efficiency plan to carry over the moneys budgeted in a plan but not expended in a given year during the term of the plan to the succeeding year of the plan or the first year of a succeeding plan, as applicable.