IA HSB630

Creates a new regulatory framework (Chapter 476E) for "customer-based power plants" that aggregate distributed energy resources like solar panels, wind turbines, battery storage, and controllable loads to operate collectively within the electric grid

Establishes "customer-based energy storage companies" as entities that provide power to customers through energy storage systems, explicitly exempting them from classification as public utilities if they meet specified criteria

Requires the Iowa Utilities Commission to certify customer-based power plant operators based on technical competence, financial stability, and cybersecurity measures, and to establish operational protocols for scheduling, dispatch, and emergency procedures

Mandates consumer data protection safeguards, including minimum cybersecurity standards, informed consent requirements before collecting or sharing consumer data, and mechanisms for consumers to access and correct their information

Permits customer-based energy storage companies to purchase power during non-peak times, sell stored energy to customers, and operate within rate-regulated utility territories while coordinating with public utilities