The proposed bill seeks to modernize Iowa's energy systems by revising regulations concerning electric power generation, energy storage, and transmission facilities. It introduces new definitions for energy storage and nuclear reactors, establishes ratemaking principles for public utilities, and mandates that electric utilities file resource plans every five years to ensure reliable energy service. The bill also allows for the creation of tariffs for innovative utility programs, ensuring that nonparticipating customers are not adversely affected while enabling utilities to recover costs associated with new energy initiatives. Additionally, it emphasizes the importance of high-voltage transmission lines and outlines responsibilities for restoration of agricultural lands affected by construction.

Moreover, the bill establishes a regulatory framework for anaerobic digester systems, requiring construction permits and setting standards for their operation to protect air and water quality. It includes provisions for the management of digestate and stockpiling practices, particularly in sensitive areas like karst terrain. The legislation also transitions the administration of the energy infrastructure revolving loan program to the Iowa Economic Development Authority, expanding its scope to include water infrastructure projects. Overall, the bill aims to enhance the efficiency, sustainability, and compliance of Iowa's energy infrastructure while promoting innovation in utility pricing and programs.

Statutes affected:
Introduced: 476.53, 478.16, 362.2