Utility rates, compliance regulations, and benchmarking requirements for commercial real estate in Minneapolis, Minnesota.
$0.13/kWh
$0.90/therm
Rising
Up 7% YoY; Xcel Energy clean energy transition and grid modernization costs
Annual energy benchmarking and disclosure for commercial buildings. Climate Action Plan targets 80% emissions reduction by 2050.
Threshold
50,000 sqft
Deadline
June 1 annually
Penalty
Up to $500 per violation (education phase)
State-level building performance standards under development as part of Climate Action Framework.
Threshold
TBD
Deadline
TBD
Penalty
TBD
June 1 annually
Minneapolis Energy Disclosure Ordinance — 50,000 sqft
TBD
Minnesota BPS (Proposed) — TBD
Xcel Energy
Electric & Gas
CenterPoint Energy
Gas
Benchmarking is required
Building Threshold
50,000 sqft
Filing Deadline
June 1 annually
Centralize bills, automate accruals, and stay ahead of Minneapolis Energy Disclosure Ordinance compliance across your MN portfolio.
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