MN SF4202

Requires the commissioner to adopt new commercial energy codes beginning in 2024 with an 80 percent reduction in annual net energy consumption by 2036, using ASHRAE 90.1-2004 as baseline, with annual progress reports to legislature.

Requires the commissioner to adopt new residential energy codes beginning in 2026 with an 80 percent reduction in annual net energy consumption by 2036, using 2006 International Energy Conservation Code as baseline, ensuring electricity-only and mixed-fuel buildings attain same site energy use intensity.

Establishes residential energy rating rebate program administered by commissioner of commerce providing financial assistance to owners, builders, and developers of qualifying units certified under United States Department of Energy's Zero Energy Ready Home Program.

Sets rebate maximums of $5,000 per single-family qualifying unit and $2,500 per multifamily unit, with $15,000 maximum per building and one rebate per unit, funded by $600,000 appropriation in fiscal year 2025 with up to $100,000 for administration.

Requires annual reporting on residential rebate program outcomes beginning January 15, 2026, including number of rebates awarded, housing type breakdown, and mean and median rebate amounts; program expires June 30, 2029.