Bill > SF2393

This bill is a comprehensive energy policy and appropriations measure that addresses various aspects of energy production, utility regulation, and renewable energy development in Minnesota. The bill includes multiple key provisions across several main areas. It establishes appropriations for the Department of Commerce and Public Utilities Commission, with funding allocated for various energy-related initiatives such as solar energy production incentives, microgrid research, geothermal projects, and energy efficiency programs. The bill introduces a new mechanism for natural gas utilities to issue "extraordinary event bonds" to finance infrastructure repairs and replacements following significant events, with a complex framework for how these bonds can be structured, issued, and repaid through non-bypassable charges on customer bills. The legislation also modifies existing renewable energy policies, including sunsetting the renewable development account and transitioning some existing programs. Additionally, the bill updates definitions and standards related to carbon-free energy, distributed generation, and utility regulations, with provisions aimed at promoting grid modernization, increasing renewable energy adoption, and supporting low-income energy assistance programs. The bill makes numerous technical changes to existing statutes, reflecting an comprehensive approach to evolving Minnesota's energy landscape with a focus on innovation, efficiency, and customer protection.

Agriculture and Natural Resources, Budget and Finance, Business and Industry

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2393&ssn=0&y=2025