Iowa Code 476.87 – Certification of competitive natural gas providers
Current as of: 2023 | Check for updates
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1. The board shall certify all competitive natural gas providers and aggregators providing natural gas services in this state. In an application for certification, a competitive natural gas provider or aggregator must reasonably demonstrate managerial, technical, and financial capability sufficient to obtain and deliver the services such provider or aggregator proposes to offer. The board may establish reasonable conditions or restrictions on the certificate at the time of issuance. The board shall adopt rules to establish specific criteria for certification. The board shall make a determination on an application for certification within ninety days of its submission, unless the board determines that additional time is necessary to consider the application, in which case the board may extend the time for making a determination for an additional sixty days.
Terms Used In Iowa Code 476.87
- Aggregator: means a person who combines retail end users into a group and arranges for the acquisition of competitive natural gas services without taking title to those services. See Iowa Code 476.86
- Certificate: means a certificate of title. See Iowa Code 462A.2
- Competitive natural gas provider: includes an affiliate of an Iowa gas utility. See Iowa Code 476.86
- Department: means the department of natural resources. See Iowa Code 462A.2
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
2. The board may resolve disputes involving the provision of natural gas services by a competitive natural gas provider or aggregator.
3. The board shall allocate the costs and expenses reasonably attributable to certification and dispute resolution in this section to persons identified as parties to such proceeding who are engaged in or who seek to engage in providing natural gas services or other persons identified as participants in such proceeding. The funds received for the costs and the expenses of certification and dispute resolution shall be remitted to the treasurer of state for deposit in the department of commerce revolving fund created in section 546.12 as provided in section 476.10.