as introduced - 92nd Legislature (2021 - 2022) Posted on 08/03/2022 08:24am
A bill for an act
relating to energy; appropriating money for the solar for schools program; amending
Minnesota Statutes 2021 Supplement, section 216C.376, subdivision 5.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2021 Supplement, section 216C.376, subdivision 5, is
amended to read:
(a) In 2022, the public utility subject to section 116C.779
must withhold $8,000,000 from the transfer made under section 116C.779, subdivision 1,
paragraph (e), to pay for assistance provided by the program under this section.new text beginnew text end The money withheld
under this paragraph must be used to pay for financial assistance awarded under this section
and the costs to administer this section. Any money that remains unexpended deleted text beginon June 30,
2027,deleted text endnew text beginnew text end cancels to the renewable development account.
(b) The renewable energy credits associated with the electricity generated by a solar
energy system installed under this section are the property of the public utility that is subject
to this section for the life of the system, regardless of the duration of the financial assistance
provided by the public utility under this section.
new text begin new text end