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SF 2879

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to energy; authorizing renewable energy measures to be funded under
the energy conservation investment loan program; amending Minnesota Statutes
2004, section 216C.37, subdivision 1.

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

Section 1.

Minnesota Statutes 2004, section 216C.37, subdivision 1, is amended to read:


Subdivision 1.

Definitions.

In this section:

(a) "Commissioner" means the commissioner of commerce.

(b) "Energy conservation investments" means all capital expenditures that are
associated with conservation measures identified in an energy project study, new text begin including
renewable energy measures, new text end and that have a ten-year or less payback period.

(c) "Municipality" means any county, statutory or home rule charter city, town,
school district, or any combination of those units operating under an agreement to jointly
undertake projects authorized in this section.

(d) "Energy project study" means a study of one or more energy-related capital
improvement projects analyzed in sufficient detail to support a financing application. At a
minimum, it must include one year of energy consumption and cost data, a description
of existing conditions, a description of proposed conditions, a detailed description of the
costs of the project, and calculations sufficient to document the proposed energy savings.