A bill for an act relating to the regulation of public utilities, including virtual power plants and integrated resource planning.

HF 2668 requires Iowa's rate-regulated electric utilities to file integrated resource plans every five years starting in 2028, detailing 5- and 20-year energy strategies. It defines virtual power plants (VPPs) - collections of customer-owned energy systems managed centrally - as not public utilities, but mandates the commission create rules to approve VPPs only if they benefit customers in their service area. The bill also requires utilities to include detailed analyses of energy options, costs, reliability, and customer impacts in their plans, with public access to non-confidential data. This directly affects electric utilities and their customers by shaping how energy resources are planned, approved, and evaluated across Iowa.