Electric cooperatives that generate more than 80 percent of their business outside Minnesota will be relieved of filling out Minnesota regulatory forms.
A new law, effective April 29, 2012, applies to electric associations that have at least 80 percent of its member distribution cooperatives located outside the state, and that provide less than 4 percent of the electricity annually sold at retail in the state.
In lieu of filing a resource plan, the cooperative can elect to file an annual report that must include projected demand levels for the next 15 years and generation resources to meet any projected generation deficiencies.
The law is sponsored by Rep. Rich Murray (R-Albert Lea) and Sen. Dan Sparks (DFL-Austin).
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