MN SF4376

Commissioner of Commerce must establish a commercial building energy efficiency grant program to provide financial assistance for cost-effective energy improvements in multifamily and commercial buildings.

Eligible improvements must be permanently affixed to the property, result in net energy consumption reduction, and have a payback period of 20 years or less based on future energy savings and estimated energy prices.

Commissioner must prioritize grant awards to applications for cost-effective energy improvements in multifamily buildings (facilities with four or more rental dwelling units).

$15,000,000 from the general fund is appropriated for fiscal year 2021 to award grants, with funds remaining available until December 31, 2022; appropriations may also cover reasonable department administrative expenses.

Grants may only be used for providing financial assistance and reimbursing the department's reasonable administration costs.