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HF 1145

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

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

Engrossments
Introduction Posted on 02/16/2007

Current Version - as introduced

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A bill for an act
 relating to utilities; establishing geothermal energy incentives; amending
Minnesota Statutes 2006, section 297A.67, by adding a subdivision; proposing
coding for new law in Minnesota Statutes, chapter 216B.

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

Section 1.

new text begin [216B.2427] GEOTHERMAL INCENTIVE.
 new text end

new text begin Subdivision 1. new text end

new text begin Credit. new text end

new text begin Each public utility, as defined in section 216B.02, shall offer
each of its customers a minimum onetime credit of $200 per ton for geothermal heating and
cooling equipment purchased after June 30, 2007. For purposes of this section, "ton" is a
term used by the heating and cooling industry referring to the cooling power of a ton of ice.
 new text end

new text begin Subd. 2. new text end

new text begin Quarterly notice. new text end

new text begin Each public utility shall inform its customers four times
per year (1) that geothermal energy can substantially reduce their heating bills and carbon
dioxide emissions and (2) that the incentive to purchase geothermal heating and cooling
equipment is available under this section and a sales tax credit is available under section
297A.67, subdivision 33, when geothermal equipment is purchased.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales, purchases, and installations
occurring on and after July 1, 2007.
 new text end

Sec. 2.

Minnesota Statutes 2006, section 297A.67, is amended by adding a subdivision
to read:


new text begin Subd. 33. new text end

new text begin Geothermal equipment. new text end

new text begin The loop field collection system, the heat pump,
and charges for installation of geothermal heating and cooling systems are exempt.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales, purchases, and installations
occurring on and after July 1, 2007.
 new text end