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216B.168 Alternative fuel vehicle.

Subdivision 1. Rate recovery. If the department determines under section 216C.40 that a policy that would result in the recovery through public utility rates of expenses or investments in the development and market penetration of alternative fuel vehicles is in the public interest and consistent with the Federal Energy Policy Act, United States Code, title 42, section 13235, the department may approve plans of public utilities to make investments and expenditures in alternative fuel vehicles and supporting equipment. The commission may allow a public utility to recover through its rates the investments and expenses under a plan approved by the department and may allow recovery of any assessment under Laws 1993, chapter 254, section 7. The rate recovery shall provide for the ratable phase-out over a 20-year period at five percent per year of the recovery of those expenses or investments in public utility rates.

Subd. 2. Expiration. This section expires July 1, 2003, except that any plan approved by the commission under subdivision 1 prior to that date may continue until the expiration date of the plan.

HIST: 1993 c 254 s 1

Official Publication of the State of Minnesota
Revisor of Statutes