This bill amends Minnesota Statutes 2024, section 216B.05, by adding a new subdivision that establishes a reporting requirement for public utilities and cooperative electric associations. Under the new provisions, these entities must report their total authorized revenue and actual revenue collected from customers for the preceding calendar year to the commission by April 30, 2027, and annually thereafter. The report must include separate figures for base rates and each bill rider, as well as any additional information the commission may require.

The intent of this legislation is to enhance transparency and accountability in the financial operations of public utilities and cooperative electric associations. By mandating these annual reports, the bill aims to provide the commission with essential data to monitor revenue practices and ensure compliance with rate regulations.

Statutes affected:
Introduction: 216B.05