Tax incentives and/or other incentives for drivers of electric vehicles in Loretto.
An NEV is an electric vehicle that has three or four wheels and is capable of achieving speeds between 20 miles per hours (mph) and 25 mph on a paved level surface. An NEV must be titled according to state law and may be operated on public streets and highways if it meets all equipment and vehicle safety requirements in Title 49 of the U.S. Code of Federal Regulations, section 571.500, and successor requirements. An NEV may not operate on a roadway with a speed limit greater than 35 mph, except to cross that roadway. A road authority may prohibit or further restrict the operation of NEVs on any street or highway under the road authority's jurisdiction. (Reference House File 3, 2017, and Minnesota Statutes 169.011 and 169.224)
A medium-speed EV is defined as a four-wheeled motor vehicle powered by electricity that is equipped with a roll cage or a crushproof body design and is capable of achieving a maximum speed of 35 miles per hour (mph) on a paved, level surface. Except with respect to maximum speed, a medium-speed EV must meet or exceed regulations in Title 49 of the U.S. Code of Federal Regulations, section 571.500, and successor requirements. A medium-speed EV may not operate on a roadway with a speed limit greater than 35 mph, except to cross that roadway. A road authority may prohibit or further restrict the operation of medium-speed EVs on any street or highway under the road authority's jurisdiction. (Reference Minnesota Statutes 169.011 and 169.224)
Dakota Electric members enrolled in the ChargeWise program receive a reduced rate for the electricity used to charge PEVs between specified off-peak hours. Installation of a ChargeWise circuit is required. For more information, visit the Dakota Electric ChargeWise website.
Each public utility selling electricity for retail must file a tariff with the Minnesota Public Utilities Commission (PUC) to allow a customer to purchase electricity solely for the purpose of charging a PEV, neighborhood electric vehicle, or medium-speed electric vehicle. The tariff must:
The public utility will make the tariff available to customers within 60 days of PUC approval. At any time, the utility may make revisions to the tariff based on changing costs or conditions. Each public utility providing a PEV charging tariff must report quarterly to the PUC on the number of customers who have participated in the tariff, the total amount of electricity sold under the tariff, and any other data the PUC requires.
(Reference Minnesota Statutes 216B.1614)
Connexus Energy offers reduced electric rates to residential customers in their service territory who charge PEVs. To participate, customers may contact their own electrician or Connexus Energy's electrician to install the metering equipment. The meter must be permitted and inspected. For more information, see Conexus Energy's Electric Vehicle page.
Connexus Energy offers a $500 rebate to residential customers towards the installation of a qualified Level 2 EVSE. Eligible applicants must enroll in a time-of-use rate. For more information, see Conexus Energy's Electric Vehicle page.
Effective January 1, 2018, EVs are subject to an additional registration fee of $75. (Reference Minnesota Statutes 168.013).
Xcel Energy offers two rate options to qualified residential customers for charging PEVs. The Electric Vehicle (EV) Rate and the Time-of-Day Plan are optional and require a separate meter. For rate information, including how to qualify, see Xcel Energy's Electric Vehicle Rate Options page.
Great River Energy's Revolt initiative offers the ability to power a PEV with 100% wind energy for the lifetime of the vehicle. The program requires no additional cost, however standard or off-peak rates still apply for the electricity used. For more information, see Revolt's Wind Energy Promotion page.
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