Bill Text: MN SF1093 | 2011-2012 | 87th Legislature | Engrossed


Bill Title: Public utilities renewable energy standards compliance rate information impact report submission

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2011-04-28 - Second reading [SF1093 Detail]

Download: Minnesota-2011-SF1093-Engrossed.html

1.1A bill for an act
1.2relating to energy; requiring certain rate impact information related to compliance
1.3with renewable energy standard; amending Minnesota Statutes 2010, section
1.4216B.1691, by adding a subdivision.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. Minnesota Statutes 2010, section 216B.1691, is amended by adding a
1.7subdivision to read:
1.8    Subd. 2e. Rate impact of standard compliance; report. Each electric utility must
1.9submit to the commission and the legislative committees with primary jurisdiction over
1.10energy policy a report containing an estimation of the rate impact of activities of the
1.11electric utility necessary to comply with section 216B.1691. The rate impact estimate
1.12must be for wholesale rates and, if the electric utility makes retail sales, the estimate
1.13shall also be for the impact on the electric utility's retail rates. Those activities include,
1.14without limitation, energy purchases, generation facility acquisition and construction,
1.15and transmission improvements. An initial report must be submitted within 150 days of
1.16the effective date of this section. After the initial report, a report must be updated and
1.17submitted as part of each integrated resource plan or plan modification filed by the electric
1.18utility under section 216B.2422. The reporting obligation of an electric utility under
1.19this subdivision expires December 31, 2025, for an electric utility subject to subdivision
1.202a, paragraph (a), and December 31, 2020, for an electric utility subject to subdivision
1.212a, paragraph (b).
1.22EFFECTIVE DATE.This section is effective the day following final enactment.
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