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HomeMy WebLinkAboutUntitled 02-02-98 11 : 47 : 42 AM FROM: LEAGUE of MN CITIES TO: 4394439 _PAGE 10 APR 18 '97 04:10PM LEAGUE OF MN CITIES P.1 1,....v7 LMC145 University Avenue West, St. Paul, MN 55103-2044 X,ayueofMinnesota Cider Phone: (612) 281-1200 • (800) 925-1122 Cities promoting a�occ/�,.� Fax: (612) 281-1299 • TDD (612) 281-1290 Electric Utility Restructuring Briefing Paper Issue synopsis/League position: Policy makers at the state and federal levels are considering ways to bring competition into the electric utility industry. In preparation for a competitive environment,the state's investor owned utilities are seeking an exemption from the personal property tax and have proposed a meter tax as a mechanism to replace revenues lost by local units of government.The League's position on restructuring is that is cautious,deliberative approach is necessary to ensure that all consumers benefit. A working group of city officials has developed a set of"Principles for Guiding Electric Utility Restructuring in Minnesota." The League opposes current proposals for exempting investor owned utilities from the personal property tax. The League Board adopted a policy on"Electric Utility Taxation" on February 20, 1997. Messages for legislators: On the overall restructuring issue,ask lawmakers to take into consideration the actual impact on rates,to ensure equitable benefits for all consumers,to protect low-income individuals and the elderly,to protect the environment and ensure that we continue to invest in renewable energy sources,to ensure that safe and uninterrupted service is provided, to ensure that cities retain the ability to manage and receive compensation for the use of public rights-of-way,to support municipalization or municipal aggregation efforts, and to involve local officials and consumers in the decision-making process. On the personal property tax exemption for investor-owned utilities,ask lawmakers to oppose the current investor owned utilities' proposal. Pending bills/status: H.F.628/H.F. 1119,introduced by Rep. Dan McElroy(DFL-Burnsville)and Senator Steve Kelley (DFL-Hopkins)and referred to the House Regulated Industries and Energy committee and the Senate Jobs,Energy, Community Development committee,would allow cities to purchase electricity from any electric utility providing service in an assigned service area which is located wholly or partially within the city. H.F. 1298/S.F. 1268,introduced by Rep. Loren Jennings (DFL-Rush City)and Senator Steve Novak(DFL-New Brighton)and referred to the House Regulated Industries and Energy committee and the Senate Jobs, Energy and Community Development committee, would authorize utilities to elect to charge a personal property tax replacement fee instead of including AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION EMPLOYER 02-02-98 11 : 47 : 42 AM FROM: LEAGUE of MN CITIES TO: 4394439 PAGE 11 APR 18 '97 04: 10PM LEAGUE OF MN CITIES P.2 their ad valorem personal property taxes in their electric rates. The bill would also provide an exemption from the personal property tax for tools, implements, and machinery which arc part of a 2, 1997. This bill was heard on an electric generating system and initially assessed after January , g g Tuesday, March 18 and will be further debated before it is voted on, Thursday, March 20 at 12:30 p.m. H.F. 1299,introduced by Rep Loren Jennings (DFL-Rush City)and referred to the House Regulated Industries and Energy committee,would rename the"electric energy task force" the "legislative commission on utility competition" B and reorganize its membership. By February 15, 1998,the commission would present recommendations to the legislature regarding whether and how to proceed in restructuring the electric industry. The bill was heard, passed with minor amendments, and re-referred to the Environment and Natural Resources committee on Tuesday, March 18. and referred to the Regulated ated ced by Rep. Al Juhnke (DFL-Willmar) g H.F. 1464, introdu y ep Industries and Energy committee,would authorize municipal utilities and rural electric cooperatives to form joint ventures for the provision of utility services. H.F. 1525,introduced by Rep. Loren Jennings(DFL-Rush City) and referred to the Regulated Industries and Energy committee, would require electric utilities entering into customer-specific rates,terms, or service conditions contracts to file for approval with the Public Utilities Commission. Discretionary rate reductions for tariffed electric services to eligible customers would be permitted, subject to Commission approval. S.F. 1344,introduced by Senator Kenric Scheevel (R-Preston) and referred to the Jobs, Energy, and Community Development committee, would require the Department of Public Service to study retail wheeling and electric utility restructuring and report to the legislature by February 1, 1998. The study would be funded by assessments to the state's electric utilities, not to exceed at 0 000. The bill would also require the Public Utilities Commission to establish 10 q total of $ , procedures to review and approve tariffs for rates that would foster economic development and retain existing industrial companies, applicable until 2002.. S.F. 1348, introduced by Senator Mark Ourada(R-Buffalo)and referred to the Jobs, Energy, and Community Development committee,would require electric utilities to submit plans to restructure themselves into three separate entities (providing generation,transmission, or distribution services) by January 1, 1999 with Public Utilities Commission approval or modification by December 31, 1999, require a retail wheeling study by the Department of Public Service and report to the legislature by December 1, 1998, require the Public Utilities Commission to establish a retail wheeling pilot program conducted from October 1, 1997 to and report to the legislature by December 1, 1998,and mandate retail e tember 30, 1998 g Sp P wheeling for all Minnesota customers by January 1,2001. Prepared by: Andrea Atherton