Bill Text: IA HSB189 | 2023-2024 | 90th General Assembly | Introduced


Bill Title: A bill for an act relating to rate increase notice requirements for public utilities.(See HF 601.)

Spectrum: Committee Bill

Status: (Introduced) 2023-03-03 - Committee report approving bill, renumbered as HF 601. [HSB189 Detail]

Download: Iowa-2023-HSB189-Introduced.html
House Study Bill 189 - Introduced HOUSE FILE _____ BY (PROPOSED COMMITTEE ON COMMERCE BILL BY CHAIRPERSON LUNDGREN) A BILL FOR An Act relating to rate increase notice requirements for public 1 utilities. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1816YC (6) 90 es/rn
H.F. _____ Section 1. Section 476.6, subsection 2, Code 2023, is 1 amended to read as follows: 2 2. Written notice of increase. All public utilities, 3 except those exempted from rate regulation by section 476.1 4 and telecommunications service providers registered pursuant 5 to section 476.95A , shall give written notice of a proposed 6 increase of any rate or charge to all affected customers 7 served by the public utility no more than sixty-two thirty 8 days prior to the time the application for the increase is 9 filed with the board. Public utilities exempted from rate 10 regulation by section 476.1 , except telecommunications service 11 providers registered pursuant to section 476.95A , shall give 12 written notice of a proposed increase of any rate or charge to 13 all affected customers served by the public utility at least 14 thirty days prior to the effective date of the increase. If 15 the public utility is subject to rate regulation, the written 16 notice to affected customers shall also include an estimate of 17 the total bill impact on a typical customer in each affected 18 customer class, provide a general explanation of the board’s 19 rate increase review process, and state that the customer has a 20 right to file a written objection to the rate increase and that 21 the affected customers may request the board to hold a public 22 hearing to determine if the rate increase should be allowed. 23 The board shall prescribe the manner and method that the 24 written notice to each affected customer of the public utility 25 shall be served in the manner in which the customer elects to 26 receive bills and other communications from the public utility . 27 EXPLANATION 28 The inclusion of this explanation does not constitute agreement with 29 the explanation’s substance by the members of the general assembly. 30 This bill relates to rate increase notice requirements for 31 public utilities. 32 The bill modifies the date specified public utilities 33 shall notify their customers of a proposed rate or charge 34 increase from 62 to 30 days before the public utility files an 35 -1- LSB 1816YC (6) 90 es/rn 1/ 2
H.F. _____ application with the Iowa utilities board for the proposed rate 1 or charge increase. The bill provides that a notice relating 2 to rate increase information shall include an estimate of the 3 bill impact for a typical customer, an explanation of the Iowa 4 utilities board’s rate increase review process, and that the 5 customer has a right to file an objection and request a public 6 hearing. The bill provides that written notice of the increase 7 shall be delivered in the same method that the customer elects 8 to receive bills and other communications from the utility. 9 The bill removes the requirement that the Iowa utilities board 10 prescribe the manner and method that the notice is to be 11 served. 12 -2- LSB 1816YC (6) 90 es/rn 2/ 2
feedback