FOR IMMEDIATE RELEASE
April 22, 2024
Defeat of Iowa ROFR Bill Huge Victory for Consumers
WASHINGTON – Paul Cicio, Chair of the Electricity Transmission Competition Coalition released the following statement in response to the defeat of Iowa HF 2551 & SF 2372:
“The defeat of this anti-consumer Right of First Refusal bill is a victory for Iowa families and businesses. The Iowa Courts have previously rejected the state’s ROFR, calling it unconstitutional and “crony capitalism”. This newest attempt by incumbent utilities to pass anti-consumer legislation and end-run the Iowa Courts has been rejected by the state’s legislature. Iowa joins a growing list of states that have rejected ROFR legislation and embraced the power of competition, including: Wisconsin, Illinois, Missouri, Montana, Kansas, and Oklahoma. Across the country, state legislatures, judges, and governors are standing up for consumers to lower costs, and fight monopoly utility interests. The Federal Energy Regulatory Commission should do the same as they finalize their transmission planning rule next month.”
About the Electricity Transmission Competition Coalition
The Electricity Transmission Competition Coalition (ETCC) is a broad-based, nation-wide coalition committed to increasing competition in America’s electricity transmission infrastructure. We advocate for common-sense policies and solutions that result in competitively priced transmission projects, which reduce energy costs for all ratepayers – from large manufacturers to residential consumers. The ETCC represents a diverse group of 93 companies and organizations from all 50 states, including manufacturing groups, retail electric consumers, state consumer advocates, public power representatives, think tanks, and non-incumbent transmission developers.
For more information, visit: www.electricitytransmissioncompetitioncoalition.org.
Press Contact:
Julian Graham
jgraham@signaldc.com
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