Minnesota HF1311 modifies cost recovery procedures for public utility electric generation and transmission assets.

Minnesota HF1311 amends the state's statutes to modify procedures governing cost recovery for public utility electric generation and transmission assets. The bill requires public utilities to include specific information in filings with the commission when proposing to add or retire electric generating facilities or transmission assets. For additions, utilities must provide a quantitative and qualitative assessment of the asset's contribution to system reliability during peak demand and, for generating facilities, a calculation of seasonal effective load carrying capability.

Minnesota HF1311 modifies cost recovery procedures for public utility electric generation and transmission assets.

Minnesota HF1311 amends the state's statutes to modify procedures governing cost recovery for public utility electric generation and transmission assets. The bill requires public utilities to include specific information in filings with the commission when proposing to add or retire electric generating facilities or transmission assets. For additions, utilities must provide a quantitative and qualitative assessment of the asset's contribution to system reliability during peak demand and, for generating facilities, a calculation of seasonal effective load carrying capability.