The proposed bill mandates that sellers of residential real property in Minnesota disclose energy costs and ratings to prospective buyers. Specifically, sellers are required to provide information on the total costs of electricity, natural gas, and water usage over the previous 12 months, along with a comparison to the average utility costs for residential households statewide. Utility companies must assist sellers by providing this information upon request.

Additionally, the bill stipulates that real estate listings for residential properties must include both the disclosed energy cost information 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 informing potential buyers about the energy performance of the properties they are considering.