Iowa Admin. Code r. 199-35.11 - Prudence review
(1) The
commission shall periodically conduct a contested case proceeding to evaluate
the reasonableness and prudence of the utility's implementation of energy
efficiency and demand response plans and budgets. The prudence review shall be
based upon the information filed by a utility in the annual report required by
rule 199-35.8 (476) or based on
discovery conducted in review of the annual reports.
(2) The consumer advocate or another person
may request the commission to conduct a prudence review based upon the
information filed by a utility in the annual report required by rule
199-35.8 (476) or based on
discovery conducted in review of the annual reports. The request to initiate
the prudence review shall identify specific issues to be evaluated and may
include a proposed procedural schedule.
(3) The commission shall determine whether a
contested case proceeding is necessary to address the issues raised in a
request for a prudence review.
(4)
Disallowance of past costs. If the commission finds the utility did not take
all reasonable and prudent actions to cost-effectively implement its energy
efficiency or demand response programs, the commission shall determine the
amount in excess of those costs that would have been incurred under reasonable
and prudent implementation. That amount shall be deducted from the next
EECR/DRCR factors calculated pursuant to subrule 35.9(3) until the disallowed
costs have been satisfied.
Notes
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(1) The commission shall periodically conduct a contested case proceeding to evaluate the reasonableness and prudence of the utility's implementation of energy efficiency and demand response plans and budgets. The prudence review shall be based upon the information filed by a utility in the annual report required by rule 199-35.8 (476), or based on discovery conducted in review of the annual reports.
(2) The consumer advocate or another person may request the commission to conduct a prudence review based upon the information filed by a utility in the annual report required by rule 199-35.8(476), or based on discovery conducted in review of the annual reports. The request to initiate the prudence review shall identify specific issues to be evaluated and may include a proposed procedural schedule.
(3) The commission shall determine whether a contested case proceeding is necessary to address the issues raised in a request for a prudence review.
(4) Disallowance of past costs. If the commission finds the utility did not take all reasonable and prudent actions to cost-effectively implement its energy efficiency or demand response programs, the commission shall determine the amount in excess of those costs that would have been incurred under reasonable and prudent implementation. That amount shall be deducted from the next EECR/DRCR factors calculated pursuant to subrule 35.9(3) until the disallowed costs have been satisfied.