Iowa under-20-MW feed-in tariff bill faces hurdles, backers say

03/24/2013 | SNL Financial (free content)

Renewable energy advocates hailed the Iowa Senate Agriculture Committee's approval of a bill that would create a feed-in tariff for certain distributed- and community-wind-scaled projects, but they warned that the bill has a long way to go before it can become law. Under the bill, utilities would be required to sign 10-year purchase deals from wind farms built on farmland and with capacities of not more than 20 megawatts. The measure would allow rural communities to gain more financially from locally produced power, said Mike Carberry, a lobbyist for groups backing the legislation.

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