Electric utilities obtaining of consent from utility customers prior to implementing a time-of-use rate program requirement provision

SF 1433 requires Minnesota electric utilities to obtain explicit customer consent before implementing time-of-use rate programs. These programs charge different electricity prices based on the time of day (e.g., higher during peak hours). The bill mandates that utilities provide a clear, 12-point boldface form explaining the program, stating that opting in is not required (customers remain on current rates if they decline), and confirming written consent is needed to install necessary equipment. This directly affects residential and business customers receiving electric service in Minnesota who may be offered these new rate structures.