Renewable development account repealed, conforming changes made in associated statutes, utility solar production incentive program sunset, accounts established, and money appropriated.

HF 1738 repeals Minnesota's renewable development account and sunsets the existing utility solar production incentive program, which provided payments for residential and small commercial solar systems. The bill establishes a new "solar energy production incentive account" to manage funding for solar incentives starting in 2026, with $5 million allocated annually through 2035. It directly affects utilities managing solar programs, homeowners/businesses with solar systems (whose incentives end after 2025), and state treasury operations. Key mechanisms include transferring unspent funds from the old program to the new account and requiring the commissioner of commerce to oversee the program after 2025. The bill ends the current utility-run program on December 31, 2025, and transitions management to the state.