GPI is partnering with Xcel Energy, Minnesota Power, Center for Energy and Environment, Energy Systems Consulting Services, George Washington University Law School, and other stakeholders to map out the transition to a regulatory model in Minnesota that achieves the following Guiding Principles:
- Align an economically viable utility model with state and federal public policy goals.
- Provide universal access to electricity services, including affordable services to low-income customers.
- Provide for just, reasonable, and competitive rates.
- Enable delivery of services and options that customers value.
- Recognize and fairly value grid services and “distributed energy resource” services.
- Assure system reliability, and enhance resilience and security, while addressing customer privacy concerns.
- Foster investment that optimizes economic and operational efficiency of the system as a whole.
- Reduce regulatory administrative costs where possible (e.g., results in fewer rate cases or otherwise reduce the burden of the regulatory process).
- Facilitate innovation and implementation of new technologies.
e21's Phase I Report which includes the Initiative's consensus recommendations can be downloaded here.