SF2067 Summary

• Modifies renewable development account contributions from Prairie Island and Monticello nuclear utilities, changing from per-dry-cask amounts to fixed annual transfers of $33 million (2020), $31 million (2021), and $20 million (2022+), with additional payments if plants discontinue operation.

• Establishes criteria for utility cost recovery of energy storage system pilot projects through rate schedules approved by the Public Utilities Commission, with determination of eligible recovery amounts within 90 days.

• Creates solar energy system grant programs for public schools: one administered by Department of Commerce for non-nuclear utility territories and one by the nuclear utility requiring a $.105 per kilowatt-hour purchase rate for generated electricity.

• Establishes electric vehicle charging station revolving loan program with 1% interest for government and nonprofit borrowers and 3% for private businesses, with $1.5 million in initial funding from renewable development account.

• Creates Prairie Island net zero project with $38.7 million in appropriations (2020-2024) for renewable energy development benefiting the Prairie Island Indian community, biomass business compensation process through Office of Administrative Hearings with $40 million funding, and green roof advisory task force to report on green roof impacts and regulations.