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S.F. No. 1177 - Economic growth, job growth and job retention consideration during the public utility ratemaking process authorization
 
Author: Senator Andrew Mathews
 
Prepared By: Carlon D. Fontaine, Senate Counsel (651/296-4395)
 
Date: March 16, 2017



 

S.F. No. 1177 requires the Minnesota Public Utilities Commission (PUC) to consider the impacts of its decisions regarding rates and the approval of new energy facilities on the economy, job growth, and job retention.

Section 1 [Reasonable rate] requires the PUC to add economic growth and job retention to the list of energy goals it is to encourage in the setting of utility rates.   

Section 2 [Settlement] requires the PUC, in considering a stipulated settlement of issues, to consider the settlement’s impact on the economy, job growth, and job retention.

Section 3 [Factors considered, generally] requires the PUC, in exercising its powers to determine just and reasonable rates, to consider the need for competitive electric rates, job preservation, and economic growth in addition to other factors.

Section 4 [Resource plan filing and approval] requires the PUC, in considering whether to approve a utility’s integrated resource plan, to take into account the economy, job growth, and job retention.

Section 5 [Environmental costs] requires a utility to calculate the impact of resource options considered in its integrated resource plan filed with the PUC on utility rates, and specifies that any doubt with respect to those options must be resolved to support the economy, job growth, and job retention.

Section 6 [Preference for renewable energy facility] requires the PUC, in determining whether a renewable energy facility in a utility’s integrated resource plan is in the public interest, to consider the resource plan’s impact on the economy, job growth, and job retention.

 
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