HF 1191

as introduced - 91st Legislature (2019 - 2020) Posted on 02/21/2019 05:16pm

A bill for an act
relating to energy conservation; directing the Public Utilities Commission to
develop and approve a financial incentive for energy conservation for public
utilities.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin RESIDENTIAL ENERGY CONSERVATION FINANCIAL INCENTIVE.
new text end

new text begin (a) In addition to any financial incentive approved under Minnesota Statutes, section
216B.16, subdivision 6c, the Public Utilities Commission must approve a financial incentive
designed to encourage a public utility to continue investing in cost-effective conservation
measures that result in energy savings to residential customers after the public utility has
achieved annual energy savings for all customers equivalent to 1.9 percent of gross retail
electric energy sales or 1.2 percent of gross annual retail natural gas sales. When reviewing
and approving the incentive, the Public Utilities Commission must ensure the effective
involvement of interested parties and must apply the criteria established in Minnesota
Statutes, section 216B.16, subdivision 6c, paragraph (b).
new text end

new text begin (b) By November 1, 2019, the commissioner of commerce must develop and submit to
the Public Utilities Commission for approval a financial incentive that meets the requirements
under paragraph (a). The Public Utilities Commission may modify the financial incentive
submitted under this paragraph.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end