1997 Minnesota Code
Chapters 216 - 217 Utilities
Chapter 216B Public Utilities
Section 216B.1645 Power purchase contracts or investments.
216B.1645 Power purchase contracts or investments.
Upon the petition of a public utility, the public utilities commission shall approve or disapprove power purchase contracts or investments entered into or made by the utility to satisfy the wind and biomass mandates contained in sections 216B.2423 and 216B.2424. The expenses incurred in accordance with the contract and the reasonable investments made by a public utility with the approval of the commission shall be included by the commission in its determination of just and reasonable rates. Upon petition by a public utility, the commission shall approve or approve as modified a rate schedule providing for the automatic adjustment of charges to recover the expenses or costs approved by the commission.
HIST: 1997 c 176 s 1
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