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IA HF2365
Bill
Status
2/10/2026
Primary Sponsor
Judd Lawler
Click for details
AI Summary
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Rate-regulated electric utilities must file a general rate case at least every three years starting July 1, 2029, with utilities that haven't filed since July 1, 2023 required to file by December 31, 2027.
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Automatic rate adjustment mechanisms, trackers, and riders are prohibited for rate-regulated electric utilities; all cost adjustments must occur through general rate cases.
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Virtual power plants (collections of customer-owned distributed generation and storage devices under common control) are established as a regulated category that does not qualify as public utilities.
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The utilities commission must promulgate rules for approval and oversight of virtual power plants, including standards for customer benefits within service territories.
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Utilities may still automatically adjust rates for federally-regulated transmission costs, with the commission required to adopt reporting rules for transmission expenses.
Legislative Description
A bill for an act relating to the regulation of public utilities, including rate filings, rate adjustment mechanisms, virtual power plants, and integrated resource planning.(See HF 2668.)
Last Action
Committee report approving bill, renumbered as HF 2668.
2/23/2026