Minnesota SF1970 modifies procedures for cost recovery of public utility electric generation and transmission assets.

Minnesota SF1970 amends Minnesota Statutes to modify procedures governing cost recovery for public utility electric generation and transmission assets. The bill adds new subdivisions to section 216B.16, requiring public utilities to include specific information in filings with the commission. 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 SF1970 modifies procedures for cost recovery of public utility electric generation and transmission assets.

Minnesota SF1970 amends Minnesota Statutes to modify procedures governing cost recovery for public utility electric generation and transmission assets. The bill adds new subdivisions to section 216B.16, requiring public utilities to include specific information in filings with the commission. 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.