Bill Text: MN SF2206 | 2013-2014 | 88th Legislature | Engrossed
Bill Title: Renewable energy production incentive payment deadline extension; guaranteed energy-savings program conforming change; energy improvements program for local governments modifications
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-03-10 - Second reading [SF2206 Detail]
Download: Minnesota-2013-SF2206-Engrossed.html
1.2relating to energy; extending the payment deadline for certain renewable energy
1.3production incentive; making a conforming change to the state guaranteed
1.4energy-savings program; making changes to the energy improvements program
1.5for local governments; making technical changes;amending Minnesota Statutes
1.62012, sections 16C.144, subdivision 3; 216C.41, subdivision 4; 216C.436,
1.7subdivision 4, by adding a subdivision; repealing Minnesota Rules, parts
1.83300.0800; 3300.0900; 3300.1000, subparts 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13,
1.914, 15, 17, 18, 19, 20, 21, 22, 23, 24, 25, 25a, 26, 27, 28, 29, 30, 31, 32, 33, 34,
1.1035, 36; 3300.1100; 3300.1200; 3300.1300; 3300.1400; 3300.1500; 3300.1600;
1.113300.1700; 3300.1800; 3300.1900; 7607.0100; 7607.0110; 7607.0120;
1.127607.0130; 7607.0140; 7607.0150; 7607.0160; 7607.0170; 7607.0180;
1.137685.0100; 7685.0120; 7685.0130; 7685.0140.
1.14BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.15 Section 1. Minnesota Statutes 2012, section 16C.144, subdivision 3, is amended to read:
1.16 Subd. 3. Lease purchase agreement. The commissioner may enter into a lease
1.17purchase agreement with any party for the implementation of utility cost-savings measures
1.18in accordance with the guaranteed energy-savings agreement. The implementation costs of
1.19the utility cost-savings measures recommended in the engineering report shall not exceed
1.20the amount to be saved in utility and operation and maintenance costs over the term of the
1.21lease purchase agreement. The term of the lease purchase agreement shall not exceed15
1.22 25 years from the date of final installation. The lease is assignable in accordance with
1.23terms approved by the commissioner of management and budget.
1.24 Sec. 2. Minnesota Statutes 2012, section 216C.41, subdivision 4, is amended to read:
1.25 Subd. 4. Payment period. (a) A facility may receive payments under this section for
1.26a ten-year period. No payment under this section may be made for electricity generated:
1.27 (1) by a qualified hydroelectric facility after December 31, 2021;
2.1 (2) by a qualified wind energy conversion facility after December 31, 2018; or
2.2 (3) by a qualified on-farm biogas recovery facility after December 31,2015 2017.
2.3 (b) The payment period begins and runs consecutively from the date the facility
2.4begins generating electricity or, in the case of refurbishment of a hydropower facility, after
2.5substantial repairs to the hydropower facility dam funded by the incentive payments are
2.6initiated.
2.7 Sec. 3. Minnesota Statutes 2012, section 216C.436, subdivision 4, is amended to read:
2.8 Subd. 4. Financing terms. Financing provided under this section must have:
2.9(1) aweighted cost-weighted average maturity not exceeding the useful life of
2.10the energy improvements installed, as determined by the implementing entity, but in no
2.11event may a term exceed 20 years;
2.12(2) a principal amount not to exceed the lesser often 20 percent of the assessed value
2.13of the real property on which the improvements are to be installed or the actual cost of
2.14installing the energy improvements, including the costs of necessary equipment, materials,
2.15and labor, the costs of each related energy audit or renewable energy system feasibility
2.16study, and the cost of verification of installation; and
2.17(3) an interest rate sufficient to pay the financing costs of the program, including the
2.18issuance of bonds and any financing delinquencies.
2.19EFFECTIVE DATE.This section is effective the day following final enactment.
2.20 Sec. 4. Minnesota Statutes 2012, section 216C.436, is amended by adding a
2.21subdivision to read:
2.22 Subd. 9. Supplemental funding sources. (a) An implementing entity is authorized
2.23to establish, acquire, and use additional or alternative funding sources for the purposes
2.24of this section.
2.25(b) For the purposes of this subdivision, additional or alternative funding sources
2.26may include, but are not limited to, issuance of general obligation bonds in a manner
2.27consistent with the requirements of chapter 475.
2.28EFFECTIVE DATE.This section is effective the day following final enactment.
2.29 Sec. 5. REPEALER.
2.30 Subdivision 1. Weatherization assistance. Minnesota Rules, parts 3300.0800;
2.313300.0900; 3300.1000, subparts 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 17, 18, 19,
2.3220, 21, 22, 23, 24, 25, 25a, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, and 36; 3300.1100;
3.13300.1200; 3300.1300; 3300.1400; 3300.1500; 3300.1600; 3300.1700; 3300.1800; and
3.23300.1900, are repealed.
3.3 Subd. 2. Energy conservation loan program. Minnesota Rules, parts 7607.0100;
3.47607.0110; 7607.0120; 7607.0130; 7607.0140; 7607.0150; 7607.0160; 7607.0170; and
3.57607.0180, are repealed.
3.6 Subd. 3. Cooling systems replacement; energy efficiency criteria. Minnesota
3.7Rules, parts 7685.0100; 7685.0120; 7685.0130; and 7685.0140, are repealed.
1.3production incentive; making a conforming change to the state guaranteed
1.4energy-savings program; making changes to the energy improvements program
1.5for local governments; making technical changes;amending Minnesota Statutes
1.62012, sections 16C.144, subdivision 3; 216C.41, subdivision 4; 216C.436,
1.7subdivision 4, by adding a subdivision; repealing Minnesota Rules, parts
1.83300.0800; 3300.0900; 3300.1000, subparts 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13,
1.914, 15, 17, 18, 19, 20, 21, 22, 23, 24, 25, 25a, 26, 27, 28, 29, 30, 31, 32, 33, 34,
1.1035, 36; 3300.1100; 3300.1200; 3300.1300; 3300.1400; 3300.1500; 3300.1600;
1.113300.1700; 3300.1800; 3300.1900; 7607.0100; 7607.0110; 7607.0120;
1.127607.0130; 7607.0140; 7607.0150; 7607.0160; 7607.0170; 7607.0180;
1.137685.0100; 7685.0120; 7685.0130; 7685.0140.
1.14BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.15 Section 1. Minnesota Statutes 2012, section 16C.144, subdivision 3, is amended to read:
1.16 Subd. 3. Lease purchase agreement. The commissioner may enter into a lease
1.17purchase agreement with any party for the implementation of utility cost-savings measures
1.18in accordance with the guaranteed energy-savings agreement. The implementation costs of
1.19the utility cost-savings measures recommended in the engineering report shall not exceed
1.20the amount to be saved in utility and operation and maintenance costs over the term of the
1.21lease purchase agreement. The term of the lease purchase agreement shall not exceed
1.22 25 years from the date of final installation. The lease is assignable in accordance with
1.23terms approved by the commissioner of management and budget.
1.24 Sec. 2. Minnesota Statutes 2012, section 216C.41, subdivision 4, is amended to read:
1.25 Subd. 4. Payment period. (a) A facility may receive payments under this section for
1.26a ten-year period. No payment under this section may be made for electricity generated:
1.27 (1) by a qualified hydroelectric facility after December 31, 2021;
2.1 (2) by a qualified wind energy conversion facility after December 31, 2018; or
2.2 (3) by a qualified on-farm biogas recovery facility after December 31,
2.3 (b) The payment period begins and runs consecutively from the date the facility
2.4begins generating electricity or, in the case of refurbishment of a hydropower facility, after
2.5substantial repairs to the hydropower facility dam funded by the incentive payments are
2.6initiated.
2.7 Sec. 3. Minnesota Statutes 2012, section 216C.436, subdivision 4, is amended to read:
2.8 Subd. 4. Financing terms. Financing provided under this section must have:
2.9(1) a
2.10the energy improvements installed, as determined by the implementing entity, but in no
2.11event may a term exceed 20 years;
2.12(2) a principal amount not to exceed the lesser of
2.13of the real property on which the improvements are to be installed or the actual cost of
2.14installing the energy improvements, including the costs of necessary equipment, materials,
2.15and labor, the costs of each related energy audit or renewable energy system feasibility
2.16study, and the cost of verification of installation; and
2.17(3) an interest rate sufficient to pay the financing costs of the program, including the
2.18issuance of bonds and any financing delinquencies.
2.19EFFECTIVE DATE.This section is effective the day following final enactment.
2.20 Sec. 4. Minnesota Statutes 2012, section 216C.436, is amended by adding a
2.21subdivision to read:
2.22 Subd. 9. Supplemental funding sources. (a) An implementing entity is authorized
2.23to establish, acquire, and use additional or alternative funding sources for the purposes
2.24of this section.
2.25(b) For the purposes of this subdivision, additional or alternative funding sources
2.26may include, but are not limited to, issuance of general obligation bonds in a manner
2.27consistent with the requirements of chapter 475.
2.28EFFECTIVE DATE.This section is effective the day following final enactment.
2.29 Sec. 5. REPEALER.
2.30 Subdivision 1. Weatherization assistance. Minnesota Rules, parts 3300.0800;
2.313300.0900; 3300.1000, subparts 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 17, 18, 19,
2.3220, 21, 22, 23, 24, 25, 25a, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, and 36; 3300.1100;
3.13300.1200; 3300.1300; 3300.1400; 3300.1500; 3300.1600; 3300.1700; 3300.1800; and
3.23300.1900, are repealed.
3.3 Subd. 2. Energy conservation loan program. Minnesota Rules, parts 7607.0100;
3.47607.0110; 7607.0120; 7607.0130; 7607.0140; 7607.0150; 7607.0160; 7607.0170; and
3.57607.0180, are repealed.
3.6 Subd. 3. Cooling systems replacement; energy efficiency criteria. Minnesota
3.7Rules, parts 7685.0100; 7685.0120; 7685.0130; and 7685.0140, are repealed.
