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CenterPoint Energy rates will increase January 1

CenterPoint Energy’s natural gas rates will increase by 5.8% beginning on January 1, 2020. This reflects an interim rate increase approved by the Public Utilities Commission (PUC) earlier this month.

CenterPoint has requested permission to increase its rates on a permanent basis by an average of 6.8% across all customer types. The final rate increase request still needs the PUC’s approval and is subject to review and comment by the Minnesota Department of Commerce, Office of the Attorney General, public interest groups, and customers.

A final decision from the PUC is expected by early 2021. If the final rate increase that is approved is higher than the 5.8% interim increase, then customers then customers will receive refunds for the amount that they overpaid while interim rates were in effect, with interest.

Source: CenterPoint Energy

You can prepare for higher bills:

  • Find opportunities to save money by cutting energy waste in your home and taking advantage of utility or state programs for which your home qualifies. Our website includes energy efficiency tips, links to relevant programs, and more information.
  • Contact us (651-300-4701 or info@cubminnesota.org) for an individualized consultation on your gas and electricity bills.
  • Stay tuned for more information and opportunities to make public comments in this case.

Author: Annie Levenson-Falk

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