0001081316-06-000025 Sample Contracts

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STIPULATION AND AGREEMENT Dated December __, 2004
Stipulation and Agreement • August 4th, 2006 • Midamerican Funding LLC • Electric services

On October 17, 2003, the Iowa Utilities Board (“Board”) issued an “Order Approving Stipulation and Agreement” in Docket No. RPU-03-l. In that decision the Board approved ratemaking principles pursuant to Iowa Code Section 476.53 for MidAmerican Energy Company’s (“MidAmerican” or “Company”) proposed 310 megawatt (MW) wind-powered generating project MidAmerican had committed to the development of wind resources in response to public policy pronouncements. The Honorable Thomas J. Vilsack, Governor of the state of Iowa, established a goal of 1000 megawatts (MW) of renewable energy (such as wind power) in the state by 2010. The Honorable Rod Blagojevich, Governor of the state of Illinois, and members of the South Dakota Public Utilities Commission have also urged the development of more renewable energy in the Midwest.

STIPULATION AND AGREEMENT Dated December 14, 2005
Stipulation and Agreement • August 4th, 2006 • Midamerican Funding LLC • Electric services

On October 17, 2003, the Iowa Utilities Board (“Board”) issued an “Order Approving Stipulation and Agreement” in Docket No. RPU-03-1. In that decision the Board approved a settlement between the Iowa Consumer Advocate (“OCA”) and MidAmerican Energy Company (“MidAmerican” or “Company”) addressing ratemaking principles pursuant to Iowa Code Section 476.53 for MidAmerican Energy Company’s (“MidAmerican” or “Company”) proposed 310 megawatt (MW) wind-powered generating project. On January 25,2005, the Board issue an order “Order Approving Stipulation and Agreement” in Docket No. RPU-04-3. In that decision the Board again, approved a settlement between OCA and addressing ratemaking principles pursuant to Iowa Code Section 476.53 for MidAmerican to expand its initial 310 MW wind-power generating project. Except for the size of the projects and the cost cap, the two decisions approve the same substantive ratemaking principles.

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