This bill amends Minnesota Statutes 2024, section 216B.1691, subdivision 1, to update the definition of "electric utility" in relation to renewable energy standards. The new definition replaces the previous categories of electric utilities, which included public utilities, generation and transmission cooperatives, municipal power agencies, power districts, and cooperative electric associations, with the term "investor-owned utility." This change aims to clarify the types of entities that fall under the definition of electric utility for regulatory purposes.

Additionally, the bill retains and clarifies definitions for terms such as "carbon-free," "eligible energy technology," "environmental justice area," and "total retail electric sales." The definition of "eligible energy technology" encompasses various renewable energy sources, including solar, wind, hydroelectric, hydrogen, and biomass, while the "environmental justice area" is defined based on demographic and socioeconomic criteria. Overall, the bill seeks to enhance the framework for renewable energy standards in Minnesota by refining the definitions relevant to electric utilities and their operations.

Statutes affected:
Introduction: 216B.1691