This bill mandates that sellers of residential real property in Minnesota disclose specific energy costs and ratings to prospective buyers. Under the new section [513.62], sellers are required to provide the total costs of electricity, natural gas, and water usage for the previous 12 months, along with a comparison to the average utility costs for residential households statewide. Utility companies must supply this information upon request from the seller or their authorized representative.

Additionally, the bill stipulates that real estate listings for residential properties must include both the disclosed energy costs and the most recent Home Energy Rating System Index score, if available. This initiative aims to enhance transparency regarding energy expenses and efficiency ratings, thereby enabling potential buyers to make more informed decisions about their property purchases.