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HF 4299

as introduced - 91st Legislature (2019 - 2020) Posted on 03/09/2020 01:31pm

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; modifying the property assessed clean energy program; amending
Minnesota Statutes 2019 Supplement, section 216C.435, subdivisions 3a, 8.

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

Section 1.

Minnesota Statutes 2019 Supplement, section 216C.435, subdivision 3a, is
amended to read:


Subd. 3a.

Cost-effective energy improvements.

"Cost-effective energy improvements"
mean:

(1) any new construction, renovation, or retrofitting of qualifying commercial real
property to improve energy efficiency that is permanently affixed to the property, results
in a net reduction in energy consumption without altering the principal source of energy,
and has been identified in an energy audit as repaying the purchase and installation costs
in 20 years or less, based on the amount of future energy saved and estimated future energy
prices;

(2) any renovation or retrofitting of qualifying residential real property that is permanently
affixed to the property and is eligible to receive an incentive through a program offered by
the electric or natural gas utility that provides service under section 216B.241 to the property
or is otherwise determined to be a cost-effective energy improvement by the commissioner
under section 216B.241, subdivision 1d, paragraph (a);

(3) permanent installation of new or upgraded electrical circuits and related equipment
to enable electrical vehicle charging; deleted text begin or
deleted text end

(4) a solar voltaic or solar thermal energy system attached to, installed within, or
proximate to a building that generates electrical or thermal energy from a renewable energy
source that has been identified in an energy audit or renewable energy system feasibility
study as repaying their purchase and installation costs in 20 years or less, based on the
amount of future energy saved and estimated future energy pricesdeleted text begin .deleted text end new text begin ; or
new text end

new text begin (5) any improvement to qualifying farmland that is permanent in nature, results in
improved agricultural productivity or resiliency, and reduces environmental impact.
new text end

Sec. 2.

Minnesota Statutes 2019 Supplement, section 216C.435, subdivision 8, is amended
to read:


Subd. 8.

Qualifying commercial real property.

"Qualifying commercial real property"
means a multifamily residential dwelling, deleted text begin ordeleted text end a commercial or industrial building,new text begin or farmlandnew text end
that the implementing entity has determined, after review of an energy audit deleted text begin ordeleted text end new text begin ,new text end renewable
energy system feasibility study,new text begin or agronomic assessmentnew text end can be benefited by installation
of cost-effective energy improvements. Qualifying commercial real property includes new
construction.