6.1a ERMUSR 03-12-2019 - Laserfiche WebLink

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02/20/19 REVISOR RSI/SL 19-3503 as introduced 6.1 (3)net energy savings from efficient electrification and conversion improvements that 6.2 meet the criteria under subdivision 8. 6.3 (c)The energy savings goals specified must be calculated based on the most recent 6.4 three-year,weather-normalized average.When determining compliance with this subdivision, 6.5 a consumer-owned utility may elect to average annual energy savings over a period not to 6.6 exceed five years,as specified in the plan filed under subdivision 4.A consumer-owned 6.7 utility that uses annual plans may carry forward for up to five years any energy savings 6.8 exceeding 1.5 percent in a single year. 6.9 (d)Nothing in this subdivision limits a utility's ability to report and recognize savings 6.10 in excess of 0.5 percent of the utility's gross annual retail energy sales generated under 6.11 paragraph(b),clauses(1),(2),and(3),provided the utility has satisfied the one percent 6.12 savings required under paragraph(b). 6.13 (e)A consumer-owned utility subject to this section is not required to make energy 6.14 conservation improvements that are not cost-effective,even if the improvement is necessary 6.15 to attain the energy savings goal. 6.16 (f)A consumer-owned utility may request that the commissioner adjust its annual energy 6.17 savings goal based on its historical conservation investment experience,customer class 6.18 makeup,load growth,a conservation potential study,impact on utility revenue that threatens 6.19 necessary system investment,or other factors the commissioner and consumer-owned utility 6.20 determines warrants an adjustment.The commissioner must adjust the savings goal to a 6.21 level the commissioner determines is supported by the record. 6.22 Subd.4.Consumer-owned utility;energy conservation and optimization plans.(a) 6.23 By June 1,2021,each consumer-owned utility must file an energy conservation and 6.24 optimization plan with the commissioner.The plan must identify and outline the utility's 6.25 intended conservation improvement program,efficient electrification or conversion 6.26 improvement plans,load management plans,and other processes and programs to achieve 6.27 the energy savings goal. The plan may cover a period of time not to exceed five years.For 6.28 plans with a duration greater than one year,the consumer-owned utility's plan may include 6.29 years where the consumer-owned utility may not achieve the annual savings goal,provided 6.30 the total savings at the end of the plan meets,at a minimum,the otherwise applicable annual 6.31 savings goal for the utility.Beginning June 1,2022,and each June 1 thereafter,each 6.32 consumer-owned utility must file an annual update identifying the status of,including total 6.33 expenditures and investments made to date,and any intended changes to its multiyear plan 6.34 filed under this subdivision.For consumer-owned utilities whose plans were completed the Article 3 Section 1. 6 104