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SF267 • 2026

A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

Energy
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
KLIMESH
Last action
2025-02-20
Official status
Subcommittee recommends amendment and passage.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

What This Bill Does

  • A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-02-20 Iowa Legislature

    Subcommittee recommends amendment and passage.

  2. 2025-02-19 Iowa Legislature

    Subcommittee Meeting: 02/20/2025 12:00PM Senate Lounge.

  3. 2025-02-18 Iowa Legislature

    Subcommittee: Klimesh, Knox, and Zumbach. S.J. 302 .

  4. 2025-02-11 Iowa Legislature

    Introduced, referred to Commerce. S.J. 240 .

Official Summary Text

A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

Current Bill Text

Read the full stored bill text
Senate

File

267

-

Introduced

SENATE

FILE

267

BY

KLIMESH

A

BILL

FOR

An

Act

relating

to

solar

energy

by

establishing

a

shared

solar

1

net

metering

cooperative

program.

2

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

3

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267

Section

1.

Section

476.1,

Code

2025,

is

amended

by

adding

1

the

following

new

subsection:

2

NEW

SUBSECTION

.

5.

A

shared

solar

net

metering

cooperative

3

established

pursuant

to

section

476.50

shall

not

be

regarded

as

4

a

public

utility

for

purposes

of

this

chapter.

5

Sec.

2.

Section

476.25,

Code

2025,

is

amended

by

adding

the

6

following

new

subsection:

7

NEW

SUBSECTION

.

4.

The

furnishing

of

electricity

pursuant

8

to

a

shared

solar

net

metering

cooperative

under

section

476.50

9

shall

not

be

considered

an

unnecessary

duplication

of

electric

10

utility

facilities

and

shall

not

constitute

a

violation

of

this

11

section.

12

Sec.

3.

NEW

SECTION

.

476.50

Shared

solar

net

metering

13

cooperatives

——

established.

14

1.

As

used

in

this

section,

unless

the

context

otherwise

15

requires:

16

a.

“Electric

utility”

means

a

public

utility

that

furnishes

17

electricity

to

the

public

for

compensation

that

is

required

to

18

be

rate-regulated

under

this

chapter.

19

b.

“Eligible

distributed

generation

facility”

means

a

20

distributed

generation

facility

that

elects

a

billing

method

21

pursuant

to

section

476.49,

and

to

which

all

of

the

following

22

apply:

23

(1)

The

facility

is

located

behind

a

customer’s

electricity

24

meters.

25

(2)

The

facility

is

interconnected

to

the

electric

utility

26

distribution

system.

27

(3)

The

facility

has

an

aggregate

nameplate

capacity

less

28

than

or

equal

to

one

megawatt

alternating

current.

29

(4)

The

facility

has

a

capability

to

produce

no

more

than

30

one

hundred

ten

percent

of

the

net

metering

cooperative’s

31

annual

electricity

usage.

32

(5)

The

facility’s

generating

capacity

and

associated

33

energy

is

intended

to

serve

only

the

electric

requirements

of

34

the

net

metering

cooperative.

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c.

“Shared

solar

net

metering

cooperative”

or

“cooperative”

1

means

a

distributed

generation

facility

that

generates

2

electricity

by

means

of

a

ground-mounted

or

roof-mounted

3

solar

photovoltaic

device

whereby

subscribers

receive

a

bill

4

credit

for

the

electricity

generated

in

proportion

to

the

size

5

of

the

customer’s

subscription.

Shared

solar

net

metering

6

cooperatives

are

alternative

energy

production

facilities

that

7

produce

solar

energy.

8

d.

“Subscriber”

means

a

customer

of

an

electric

utility

9

subject

to

this

section

who

owns

one

or

more

subscriptions

to

a

10

shared

solar

net

metering

cooperative

interconnected

with

that

11

utility.

12

e.

“Subscription”

means

a

proportional

contractual

interest

13

in

a

shared

solar

net

metering

cooperative,

together

with

a

14

proportional

interest

in

any

state

or

federal

tax

credits

for

15

which

a

shared

solar

net

metering

cooperative

may

be

eligible.

16

2.

A

shared

solar

net

metering

cooperative

program

is

17

established

to

encourage

and

enhance

the

generation

of

solar

18

energy

and

to

encourage

and

enhance

the

ability

of

electric

19

utility

customers

to

participate

in

and

derive

benefit

from

20

alternate

solar

energy

projects.

21

a.

Customers

in

the

state

may

enter

into

a

shared

solar

22

net

metering

cooperative

with

an

electric

utility

whereby

23

subscribers

own

the

solar

production

at

a

location

other

than

24

the

location

where

the

customer

has

an

electricity

meter.

25

b.

Customers

become

cooperative

members

by

purchasing

26

subscription

access

to

a

shared

solar

net

metering

cooperative.

27

Subscribers

to

a

shared

solar

net

metering

cooperative

shall

28

receive

a

credit

for

the

kilowatt-hours

generated

in

proportion

29

to

the

size

of

the

customer’s

subscription.

30

c.

An

electric

utility

shall

be

required

to

purchase

from

31

a

shared

solar

net

metering

cooperative

in

accordance

with

32

section

476.49.

A

subscriber’s

portion

of

the

electricity

33

purchased

by

the

utility

shall

be

credited

to

the

subscriber’s

34

account

with

the

utility.

The

commission

shall

develop

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interconnection

agreements

for

utilization

by

a

shared

solar

1

net

metering

cooperative

interconnecting

with

a

utility.

2

d.

A

shared

solar

net

metering

cooperative

shall

be

subject

3

to

the

following:

4

(1)

Utilize

facilities

generating

electricity

by

means

of

5

ground-mounted

or

roof-mounted

solar

photovoltaic

devices.

6

(2)

Provide

subscription

access

to

the

cooperative

7

exclusively

to

customers

of

a

single

energy

utility

electric

8

utility.

9

(3)

Deny

access

to

state

customers

located

farther

than

10

thirty

miles

from

the

cooperative

or

customers

located

outside

11

of

the

state.

12

e.

A

subscriber

may

include

all

of

its

electricity

meters

13

in

the

cooperative.

14

f.

A

shared

solar

net

metering

cooperative

shall

be

limited

15

to

ten

subscribers

per

cooperative

with

some

or

all

of

the

16

subscribers

having

alternative

energy

production

facilities

17

that

produce

solar

energy.

Each

subscriber

shall

be

a

customer

18

of

the

same

utility

and

shall

have

at

least

one

electricity

19

meter.

20

g.

Shared

solar

net

metering

cooperatives

may

be

owned

by

21

investors.

22

3.

The

commission

shall

adopt

rules

to

implement

the

23

provisions

of

this

section.

24

EXPLANATION

25

The

inclusion

of

this

explanation

does

not

constitute

agreement

with

26

the

explanation’s

substance

by

the

members

of

the

general

assembly.

27

This

bill

establishes

a

shared

solar

net

metering

28

cooperative

program.

29

The

bill

specifies

that

an

“electric

utility”

for

purposes

30

of

the

bill

is

a

public

utility

that

provides

electricity

31

to

the

public

for

compensation

and

is

required

to

be

32

rate-regulated

under

Code

chapter

476.

The

bill

defines

33

“shared

solar

net

metering

cooperative”

or

“cooperative”

34

to

mean

a

distributed

generation

facility

that

generates

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electricity

through

ground-mounted

or

roof-mounted

solar

1

panels

whereby

subscribers

may

receive

bill

credits

for

2

the

electricity

generated

in

proportion

to

the

size

of

the

3

customer’s

subscription.

The

bill

defines

“subscriber”

to

4

mean

a

customer

of

an

electric

utility

who

owns

at

least

5

one

share

of

a

subscription

to

a

shared

solar

net

metering

6

cooperative.

The

bill

defines

“subscription”

to

mean

a

7

proportional

contractual

interest

in

a

shared

solar

net

8

metering

cooperative,

including

tax

credits

for

which

the

9

cooperative

may

be

eligible.

10

The

bill

provides

that

a

shared

solar

net

metering

11

cooperative

program

is

established

to

encourage

and

enhance

12

solar

energy

generation

and

the

ability

of

electric

public

13

utility

customers

to

participate

in

and

derive

benefit

from

14

alternate

solar

energy

projects.

15

The

bill

provides

that

electric

utility

customers

may

16

become

subscribers

of

shared

solar

net

metering

cooperatives

17

by

which

subscribers

may

own

the

solar

energy

produced

at

18

a

location

other

than

the

location

where

the

customer

has

19

an

electricity

meter.

Customers

shall

receive

a

credit

in

20

proportion

to

the

customer’s

subscription.

The

bill

provides

21

that

a

utility

shall

be

required

to

purchase

in

accordance

with

22

billing

methods

established

pursuant

to

Code

section

476.49.

23

A

subscriber’s

portion

of

the

electricity

purchased

by

the

24

utility

shall

be

credited

to

the

subscriber’s

account

with

the

25

utility.

The

bill

provides

that

the

Iowa

utilities

commission

26

shall

develop

interconnection

agreements

for

utilization

by

a

27

shared

solar

net

metering

cooperative

interconnecting

with

the

28

utility.

29

The

bill

provides

that

a

shared

solar

net

metering

30

cooperative

may

consist

of

subscribers

located

within

30

31

miles

of

the

cooperative,

shall

not

consist

of

out-of-state

32

subscribers,

and

shall

interconnect

exclusively

with

one

33

electric

utility.

The

bill

provides

that

a

subscriber

may

34

include

all

of

the

subscriber’s

electricity

meters

in

the

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cooperative.

The

bill

provides

that

a

shared

solar

net

1

metering

cooperative

shall

be

limited

to

10

subscribers

2

per

cooperative

with

some

or

all

of

the

subscribers

having

3

alternative

energy

production

facilities

that

produce

solar

4

energy.

Each

subscriber

shall

be

a

customer

of

the

same

5

utility

and

shall

have

at

least

one

electricity

meter.

The

6

bill

provides

that

shared

solar

net

metering

cooperatives

may

7

be

owned

by

investors.

8

The

bill

requires

the

Iowa

utilities

commission

to

adopt

9

rules

regarding

implementation

of

the

bill’s

provisions.

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