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HF 1256

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/06/2021 12:53pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to energy; establishing the Minnesota efficient technology accelerator to
benefit Minnesota utility consumers by accelerating deployment and reducing the
cost of emerging and innovative efficient technologies; amending Minnesota
Statutes 2020, section 216B.241, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2020, section 216B.241, is amended by adding a subdivision
to read:


new text begin Subd. 11. new text end

new text begin Minnesota efficient technology accelerator. new text end

new text begin (a) The commissioner of
commerce may approve a proposal filed by a Minnesota-based nonprofit organization
possessing expertise and experience with energy efficiency programs and efficient technology
research for the establishment of the Minnesota efficient technology accelerator program
if the commissioner finds that the proposal: (1) is designed to accelerate deployment and
reduce the cost of emerging and innovative efficient technologies and approaches; and (2)
leads to lower energy costs for Minnesota consumers.
new text end

new text begin (b) The initial program term may be for up to five years and, at the request of the
nonprofit, may be renewed by the commissioner for up to an additional five years. The
proposal must include a proposed budget and operational guidelines for the accelerator
including but not limited to an energy savings attribution and allocation methodology that
calculates net benefits from activities under the program.
new text end

new text begin (c) Upon approval, each public utility with more than 30,000 customers must participate
in the program and direct a portion of the annual amount approved to implement the public
utility's plan under subdivision 2 to the program based on the amount of customer load the
utility serves in Minnesota. Costs incurred by a public utility under this subdivision are
recoverable under subdivision 2b. Costs for research projects under this subdivision that
the commissioner determines may be duplicative to projects that would be eligible for
funding under subdivision 1e may be deducted from the assessment under subdivision 1e
for utilities participating in the accelerator.
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