Iowa Governor Kim Reynolds signed Senate File 2311, which modifies various provisions relating to utilities, into law on May 4.
“We would like to applaud Governor Reynolds and the Iowa legislature for supporting legislation to move Iowa energy policy in the right direction,” said Troy DeJoode, Executive Director of the Iowa Association of Municipal Utilities (IAMU). “Governor Reynolds’ action will ensure Iowans receive the benefits of greater opportunities for economic growth throughout Iowa.”
Senate File 2311 includes regulatory efficiency updates, and joint financing for municipal utilities that will allow utilities to partner and finance to build out energy infrastructure to expand natural gas services.
“As the state’s Energy Plan has recognized, many rural areas of our state do not have adequate access to natural gas service.” said Tim Whipple, General Counsel for IAMU. “Senate File 2311 provides municipal utilities even more tools now to better serve our customers across Iowa. ”
Provisions in this bill will allow energy providers to operate even more efficiently while helping customers save money and providing opportunities for economic development.