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MN HF2413
Bill
Status
2/20/2012
Primary Sponsor
Tom Hackbarth
Click for details
AI Summary
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Allocates $10,900,000 annually until January 1, 2021 from renewable development account for renewable energy production incentives, with at least $1,000,000 annually dedicated to qualifying solar energy projects on public buildings.
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Requires at least $1,500,000 of the annual allocation for production incentives for on-farm biogas recovery facilities, hydroelectric facilities, and other renewables including qualifying solar energy projects.
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Increases the cap on energy conservation improvement funds that municipalities, rural electric associations, and public utilities can spend on qualifying solar energy projects from 5 percent to up to 10 percent if at least 50 percent of additional funds are used for projects on public buildings.
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Requires properties to have completed all reasonable cost-effective conservation investments before participating in qualifying solar energy projects.
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Mandates the Department of Commerce notify public utilities quarterly of eligible project owners and amounts due, with utilities required to make payments within 15 working days of notification.
Legislative Description
Energy resources and funding for renewable development distributed, and improvement funds provided for energy conservation and renewable development account for qualifying solar energy projects on public buildings.
Last Action
Author added Hortman
3/26/2012