HF3778 (Legislative Session 94 (2025-2026))
Public utilities and cooperative electric associations required to report revenue authorized and collected.
Related bill: SF4002
AI Generated Summary
Purpose
This bill requires certain energy utilities to publicly report and disclose detailed revenue information. The goal is to increase transparency about how much revenue utilities are authorized to collect versus how much they actually collect, aiding oversight and accountability.
Main provisions
- Creates a new reporting requirement under Minnesota Statutes 2024 section 216B.05 (Subd. 4: Reporting requirement).
- Entity subjects: Public utilities and cooperative electric associations that are regulated on rates under section 216B.026.
- Reporting timeline: On or before April 30, 2027, and then annually afterward.
- Report contents:
- The total authorized revenue for the preceding calendar year.
- The total actual revenue collected from customers during the preceding calendar year.
- Any other information the Public Utilities Commission (the “commission”) may require by rule or order.
- Reporting format: Revenues must be reported separately for base rates and each bill rider (i.e., separate line items for base rates and for each additional charge collected through riders).
Scope and applicability
- Applies to public utilities and cooperative electric associations that fall under rate regulation under Minnesota law.
- The commission is empowered to require additional information through future rules or orders.
Significant changes to existing law
- Adds a new subdivision (Subd. 4) to Minnesota Statutes 2024 section 216B.05, establishing a formal, annual revenue reporting requirement.
- Introduces mandatory disclosure of both authorized revenue and actual revenue collected, with separation by base rates and bill riders.
- Establishes a concrete annual reporting deadline (April 30) beginning in 2027.
Relevant Terms
public utility cooperative electric association rate regulation Minnesota Public Utilities Commission (the commission) base rates bill rider authorized revenue actual revenue collected reporting requirement Minnesota Statutes 2024 §216B.05 216B.026 Subd. 4 annual reporting rule or order
Bill text versions
- Introduction PDF PDF file
Past committee meetings
- Energy Finance and Policy on: March 10, 2026 13:00
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 26, 2026 | House | Action | Introduction and first reading, referred to | Energy Finance and Policy |
Citations
[
{
"analysis": {
"added": [
"Creates Subd.4 Reporting requirement under Minn. Stat. 216B.05.",
"Requires annual reporting of revenue data by public utilities and cooperative electric associations subject to rate regulation under 216B.026.",
"Specifies reporting separately for base rates and each bill rider.",
"Sets initial report due date as April 30, 2027, and annually thereafter."
],
"removed": [],
"summary": "Adds Subd.4 to Minn. Stat. 216B.05 to require annual reporting by public utilities and cooperative electric associations subject to rate regulation under Minn. Stat. 216B.026. Reports must include total authorized revenue, total actual revenue collected, and any other information the commission may require, and must be provided separately for base rates and each bill rider; initial report due on or before April 30, 2027 and annually thereafter.",
"modified": []
},
"citation": "216B.05",
"subdivision": "Subd.4"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill references Minn. Stat. 216B.026 to define rate regulation status for utilities benefiting from the new reporting requirement.",
"modified": []
},
"citation": "216B.026",
"subdivision": ""
}
]Progress through the legislative process
In Committee