MN HF3688

Municipal utilities and cooperative electric associations may count spending on efficient fuel-switching improvements for low-income households toward their mandatory low-income energy conservation spending requirement of 0.2% of gross operating revenue from residential customers.

Consumer-owned utilities furnishing electric service must spend at least 0.2% of gross operating revenue from Minnesota residential customers on energy conservation programs for low-income households.

The bill amends Minnesota Statutes 2024, section 216B.2403, subdivision 5, adding a new paragraph (j) to explicitly allow fuel-switching expenditures to qualify toward low-income conservation spending requirements.

Effective the day following final enactment and applies to fuel-switching improvements installed on or after that date.