Current through Register Vol. 49, No. 13, September 23, 2024
Subpart 1.
Determination of reasonable
investment.
The department shall determine whether a proposed program or
modified program will result in reasonable investments in and expenditures for
energy conservation improvements. In making this determination, the
commissioner shall consider the following information, which must be included
in a public utility's filing:
A. the
program's compliance with statutory spending requirements, as specified in
Minnesota Statutes, section
216B.241,
subdivision 1a, with each utility calculating the required spending level by
using the gross operating revenues in the year preceding the calendar year in
which the filing is submitted and by defining gross operating revenues as:
(1) for electric utilities: the total
Minnesota jurisdictional assessable operating revenue as reported in each
electric utility's Minnesota jurisdictional report on page E-30, Sales and
Degree Days Data, Total Sales to Ultimate Consumer, line (B) Total Revenue
Corresponding to Sales; or
(2) for
gas utilities: the total Minnesota jurisdictional assessable operating revenue
as reported in each gas utility's Minnesota jurisdictional report on pages P-38
and P-39, Sales and Revenues (actual data), line (B) Total Revenues
Corresponding to Sales Volume;
B. the impact of the program or modified
program on:
(1) peak demand; and
(2) energy consumption;
C. the cost-effectiveness of the program or
modified program, as calculated from the utility, ratepayer, participant, and
societal perspectives;
D. the total
number of low-income and rental customers expected to be affected by the
program or modified program;
E. the
total number of customers within a customer class expected to participate in
the program or modified program, expressed as a percentage of the total number
of customers within that customer class in a utility's service area;
F. the customer classes expected to
participate in the program or modified program; and
G. other facts and circumstances concerning a
particular utility that are relevant to determining the overall importance of
the investment in energy conservation improvements.
Subp. 2.
Approval.
On determining that the proposed program or modified program
will result in reasonable investments in and expenditures for energy
conservation improvements, the commissioner shall approve the proposed or
modified program.
Subp. 3.
Disapproval and modification.
On determining that the proposed program or modified program
will not result in reasonable investments in and expenditures for energy
conservation improvements, the commissioner shall disapprove the proposed
program or modified program and require a program that will result in
reasonable investments in and expenditures for energy conservation
improvements.
