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MN HF3570

Bill

Status

Introduced

3/24/2016

Primary Sponsor

Pat Garofalo

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

H.F. 3570 - Electric Cooperative Alternative Rate Case Process

  • Establishes an alternative regulatory review process for rate-regulated electric cooperative associations to file for general rate increases under new Minnesota Statutes section 216B.1615.

  • Sets 12 eligibility criteria including: cooperative must have received at least 80 percent of previous rate request, cannot file more than once per 12 months, must propose no more than 6 percent base revenue increase, and cannot propose rate structure changes.

  • Allows interim rates up to 50 percent of requested increase to take effect within 60 days of filing, with commission eligibility confirmation required within 20 days.

  • Requires Department of Energy to conduct substantive review and file report within 90 days (extensible to 120 days); commission must make final decision within 180 days (210 days with extension).

  • Commission must approve application unless it determines resulting rates would be unjust and unreasonable; if rejected, commission must determine allowable rates.

Legislative Description

Rate-regulated cooperative associations permitted to file for an alternative regulatory review of general rate increase requests.

Last Action

Introduction and first reading, referred to Job Growth and Energy Affordability Policy and Finance

3/24/2016

Committee Referrals

Job Growth and Energy Affordability Policy and Finance3/24/2016

Full Bill Text

No bill text available