But Minnesota’s new law is hardly the most ambitious standard, with a total requirement for the state’s investor-owned utilities that sums to less than 0.9% of electricity sales by 2020. It also fails to grow the pool of investment in clean energy, tapping existing conservation and renewable energy funds rather than using the proposed assessment to get a 3-to-1 return on public investment. Finally, it remains to be seen if the value of solar concept will result in a more fiscally sustainable strategy for utilities to accommodate more solar power or an opportunity for them to squash competition in the name of their shareholders.
Minnesota FIT
Minnesota’s State Senate passed a bill with the C-BED proposal in May, 2005. The measure passed the Assembly on … Read more
Related Files gipe_ilsr_northfield_minnesota_january_2009-pdf
Three Bills Now on Legislative Calendars in the Midwest
Group Suggests Adopting “Michigan” Tariffs
http://www.startribune.com/business/13823711.html A legislator’s plan to encourage small, local energy projects in Minnesota borrows from Germany’s experience. By H.J. CUMMINS, … Read more
