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Abstract: . . . since 2000, according to the Department of Commerce, by offering rebates to residential, commercial and industrial ratepayers who conserve energy. • CIP’s success is perhaps best demonstrated by pointing out that Xcel Energy alone has saved more than 2,000 MW – the equivalent of its Sherco coal-fired generation facility. • Peak demand for electricity and natural gas are also significantly down due to CIP. However, even with conservation, . . . . . . reduce administrative and overhead costs. 3 The state legislature may postpone acting on the DOC recommendations until the results and ramifications of the 2001 energy legislation are analyzed. Page 5 January 2006 ENERGY POLICY BACKGROUND – MINNESOTA’S RENEWABLE AND CONSERVATION INDUSTRY Prepared by the Minnesota Chamber of Commerce Page 5 • Legislative discussion on establishing a private conservation utility, similar to ones in New York . . . . . . administrative and overhead costs. 3 The state legislature may postpone acting on the DOC recommendations until the results and ramifications of the 2001 energy legislation are analyzed. Page 5 January 2006 ENERGY POLICY BACKGROUND – MINNESOTA’S RENEWABLE AND CONSERVATION INDUSTRY Prepared by the Minnesota Chamber of Commerce Page 5 • Legislative discussion on establishing a private conservation utility, similar to ones in New York and Vermont. . . . . . . costs. 3 The state legislature may postpone acting on the DOC recommendations until the results and ramifications of the 2001 energy legislation are analyzed. Page 5 January 2006 ENERGY POLICY BACKGROUND – MINNESOTA’S RENEWABLE AND CONSERVATION INDUSTRY Prepared by the Minnesota Chamber of Commerce Page 5 • Legislative discussion on establishing a private conservation utility, similar to ones in New York and Vermont. A conservation utility . . . . . . conserve energy. • CIP’s success is perhaps best demonstrated by pointing out that Xcel Energy alone has saved more than 2,000 MW – the equivalent of its Sherco coal-fired generation facility. • Peak demand for electricity and natural gas are also significantly down due to CIP. However, even with conservation, Minnesota still faces a net electric capacity deficit if no new capacity is added. . . . --2193,5,219,2524,10963
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