The e21 Initiative aims to develop a more customer-centric and sustainable framework for utility regulation in Minnesota that better aligns how utilities earn revenue with public policy goals, new customer expectations, and the changing technology landscape.
The initiative brings together key interests including utilities, consumer advocates, energy technology companies, other businesses, environmental and academic organizations, and government to accomplish this goal and enable Minnesota to continue to lead in shaping an electric system for the 21st century.
In its first phase (Feb. to Dec. 2014), e21 achieved consensus that Minnesota should evolve toward a more consumer-centric, performance-based regulatory approach and utility business model (see Phase I Report).
e21’s second phase (January 2015 to present) is devoted to developing the next level of detail necessary for implementation of its Phase I recommendations. A set of white papers on performance-based compensation, integrated systems planning, and grid modernization is forthcoming.
The e21 Initiative is convened by the Great Plains Institute and the Center for Energy and Environment with guidance from the following project partners: George Washington University Law School, Xcel Energy, and Minnesota Power.