Bill Text: IA HF305 | 2021-2022 | 89th General Assembly | Introduced


Bill Title: A bill for an act relating to energy efficiency plans adopted by gas and electric utilities.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2021-02-01 - Introduced, referred to Commerce. H.J. 260. [HF305 Detail]

Download: Iowa-2021-HF305-Introduced.html
House File 305 - Introduced HOUSE FILE 305 BY ISENHART A BILL FOR An Act relating to energy efficiency plans adopted by gas and 1 electric utilities. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1362YH (3) 89 jda/rn
H.F. 305 Section 1. Section 476.6, subsection 15, paragraph e, Code 1 2021, is amended by adding the following new subparagraph: 2 NEW SUBPARAGRAPH . (3) A gas or electric utility required to 3 submit an energy efficiency plan under this subsection shall 4 carry over the moneys budgeted in an energy efficiency plan but 5 not expended in a given year during the term of the plan to the 6 succeeding year of the plan if the surplus occurred prior to 7 the final year of the plan. A surplus of moneys budgeted in an 8 energy efficiency plan during the final year of a plan but not 9 expended during the final year of a plan shall carry over to 10 the first year of a succeeding plan. 11 EXPLANATION 12 The inclusion of this explanation does not constitute agreement with 13 the explanation’s substance by the members of the general assembly. 14 This bill relates to energy efficiency plans adopted by gas 15 and electric utilities. The bill requires a gas or electric 16 utility that is required to submit an energy efficiency plan 17 to carry over the moneys budgeted in a plan but not expended 18 in a given year during the term of the plan to the succeeding 19 year of the plan or the first year of a succeeding plan, as 20 applicable. 21 -1- LSB 1362YH (3) 89 jda/rn 1/ 1
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