Electric utilities

Minnesota Utilities Meet Renewable Energy Requirements

Strategic Insights

Jun 25, 2015 — 1 min read

Minnesota's Public Utilities Commission has reviewed the compliance reports of state utilities regarding the renewal energy requirements. Utilities were required to obtain at least 12% of their Minnesota retail sales from renewable energy sources by the end of 2012, while Xcel Energy aimed for 18%. All 16 utilities filed their 2012 compliance reports, and the Minnesota Department of Commerce verified their compliance. In 2013, utilities retired RECs representing 14.8% of total Minnesota retail sales.

Key Takeaways:

Minnesota's Public Utilities Commission reviewed 16 utilities' compliance reports regarding the renewable energy requirements.
Utilities were required to obtain at least 12% of their Minnesota retail sales from renewable energy sources by the end of 2012, while Xcel Energy aimed for 18%.
All 16 utilities filed their 2012 compliance reports, and the Minnesota Department of Commerce verified their compliance.
In 2013, utilities retired RECs representing 14.8% of total Minnesota retail sales.
The total number of utilities reviewed was 17, with Northwestern Wisconsin submitting a copy of its Wisconsin compliance report to demonstrate its compliance with the Minnesota RES.
The report summary provides detailed information on each utility's compliance with the 2013 RES requirement, including the total RECs retired and the percentage of total Minnesota retail sales represented.

Statistics:

Total number of utilities reviewed: 17
Number of utilities that filed compliance reports in 2012: 16
Number of utilities that filed compliance reports in 2013: 17
Total amount of RECs retired in 2012: 9,705,546
Total amount of RECs retired in 2013: 9,741,353
Percentage of total Minnesota retail sales represented by RECs retired in 2012: 9.6%
Percentage of total Minnesota retail sales represented by RECs retired in 2013: 14.8%

Sources:

Minnesota Public Utilities Commission (2013) - Docket No. E999/PR-13-186
Minnesota Public Utilities Commission (2014) - Docket No. E999/PR-14-12
Minnesota Department of Commerce (2013) - Letter Docket No. E999/PR-13-186
Minnesota Department of Commerce (2014) - Letter Docket No. E999/PR-14-12

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