SAY "NO" TO
SF 2372 & HF 2551
SF 2372 & HF 2551 grant a right of first refusal (ROFR) for incumbent utilities for regional transmission projects, preventing competition and leading to cost increases for Iowans.
SAY "NO" TO
SF 2372 & HF 2551
SF 2372 & HF 2551 grant a right of first refusal (ROFR) for incumbent utilities for regional transmission projects, preventing competition and leading to cost increases for Iowans.
SF 2372 & HF 2551 Will Increase
Costs for Iowans
Utility companies are pushing bills that would substantially raise electricity rates for Iowan families and businesses for decades. SF 2372 & HF 2551, two Right-of-First-Refusal laws – or ROFR – protect the local monopoly utilities from electricity competition leading to increased prices.
Iowa Should Reject ROFR and Embrace Competition
Electricity transmission competition has been shown to lower costs by as much as 40% for consumers, while ROFR bills cement monopoly power leading to higher monthly rates on utility bills for families and businesses. Previous competitive-bid electric transmission projects in Indiana have provided more than $1B in cost schedule benefits (far outweighing the cost) and have been completed over months and ahead of schedule. Read more here.
