Bill > HF1738

This bill makes significant changes to Minnesota's renewable energy funding and incentive programs, primarily focusing on the dissolution of the renewable development account and restructuring solar energy production incentives. Specifically, the bill repeals the existing renewable development account and redirects its remaining funds to utility customers. It modifies the solar energy production incentive program, transitioning its management from a utility-operated program to one run by the commissioner of commerce starting in 2026, with a sunset date of April 1, 2037. The bill establishes new accounts in the state treasury, including a solar energy production incentive account, and appropriates $5 million in fiscal year 2026 to continue solar energy production incentive payments. The legislation makes conforming changes to various statutes, updating references and removing sections related to the now-defunct renewable development account. Additionally, the bill includes provisions to ensure that any unspent money from the renewable development account will be refunded to utility electric service customers through a process determined by the Public Utilities Commission. These changes aim to streamline renewable energy funding mechanisms and provide a clear transition path for existing solar energy incentive programs.

Agriculture and Natural Resources, Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1738&ssn=0&y=2025