A bill for an act requiring a study on infrastructure cost recovery by rate-regulated public utilities.

HF 2045 requires Iowa's Office of Consumer Advocate to study whether utility companies charging Iowa customers for infrastructure upgrades also benefit residents of other states. The study will determine if Iowa customers are being charged for these upgrades without proper compensation in their utility bills. If findings show Iowa customers are paying for out-of-state benefits, the Office must assess if compensation is adequate. The Office must submit a final report to the legislature by December 31, 2026. This bill does not change utility rates or require immediate action, only a factual review of current billing practices.