SF 2244: Relating to rate-regulated electric utilities and integrated resource plans

What it does

This bill relates to an electric utility filing an integrated resource plan. The bill directs the Iowa utilities board (board) to seek safe, adequate, reliable, and affordable services and nondiscriminatory rates for Iowa customers. The bill prohibits a public utility from setting a different rate for a customer of the same service class unless the public utility demonstrates the measurable difference in costs of providing the service. The bill requires a rate-regulated electric utility to file an integrated resource plan (plan) within one year of the enactment of the bill.

Senate subcommittee · named February 8, 2024

• Sen. Mike Klimesh (R) · mike.klimesh@legis.iowa.gov
• Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov
• Sen. Zach Wahls (D) · zach.wahls@legis.iowa.gov

Lobbying · 5 for, 6 against

For: Google LLC and its Affiliates; Iowa Business Energy Coalition (IBEC); Iowa Business for Clean Energy; Iowa Economic Alliance; Microsoft Corp.

Against: Central Iowa Power Cooperative (CIPCO); Iowa Association of Business and Industry (ABI); Iowa Association of Electric Cooperatives; Iowa Association of Municipal Utilities; Iowa Utility Association; MidAmerican Energy Company

In plain words

1. February 7, 2024Filed in the Senate and sent to the Commerce committee
2. February 8, 2024Senate subcommittee named: Klimesh, Bousselot and Wahls
3. February 13, 2024Subcommittee recommended passing it with changes
4. February 15, 2024Approved by the Senate committee