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MN HF843
Bill
Status
2/21/2013
Primary Sponsor
Pat Garofalo
Click for details
AI Summary
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Amends Minnesota Statutes section 216B.241 to allow utilities and associations to retain unspent energy conservation funds if they meet energy-savings goals without spending full required amounts
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Requires utilities or associations retaining unspent funds to contribute one-third of the unspent amount to a low-income home energy assistance program under section 216B.16, subdivision 15
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Maintains existing annual energy-savings goal of 1.5 percent of gross annual retail energy sales for utilities and associations, with ability to carry forward excess savings for up to three years
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Allows electric utility infrastructure projects and waste heat recovery projects to count toward energy savings goals, with carryforward period of up to five years for infrastructure projects
Legislative Description
Utilities and associations permitted to retain unspent funds if it contributes to a low-income home energy assistance program.
Last Action
Introduction and first reading, referred to Energy Policy
2/21/2013