MN SF2591

Applies cost of service as the primary factor for determining revenue allocations between customer classes for investor-owned electric utilities with 50,000 to 200,000 retail customers.

Limits deviations from cost of service to no more than four percent for rate filings made after January 1, 2014, and no more than two percent for filings made after January 1, 2016, with deviations requiring preponderance of evidence.

Requires cost of service to be the only consideration in revenue allocation for all filings made on or after January 1, 2018.

Mandates utilities meet with stakeholders at least 60 days prior to their next general rate proceeding to explore expanding electric affordability programs for low-income customers.

Requires utilities filing general rate cases based on cost of service to deposit $10,000 to fund outreach for commission-approved electric affordability programs.