electric

Updated Cost of Carbon in Minnesota

On Thursday, the Minnesota Public Utilities Commission voted 3-2 in favor of raising the cost of air pollutants from power plants: carbon dioxide, nitrogen oxides, sulfur dioxide, and particulate pollution. The value receiving the most attention is the updated social cost of carbon emissions, increasing to a range of $9.05 to $43.06 per short ton…

Getting Ready for Higher Summer Electric Rates

With the Memorial Day weekend comes the unofficial start to the Minnesota summer.  A few days later, on June 1, higher summer electric rates begin for Xcel customers and continue through September. (Lower winter rates are in effect from October through May.)  Residential electric rates go up in the summer to correspond with higher demand,…

Regulators approve Xcel rate increase

Yesterday, the Minnesota Public Utilities Commission approved a plan under which Xcel residential electricity rates will increase by 10.6 percent over four years. Customers are already paying much of the increase, in a 5.5 percent interim rate increase that went into place in 2016. This is the first multi-year rate plan that regulators have approved…

Analysis: Minnesota energy bill would harm consumers

This week, the Minnesota House and Senate released the latest draft of its package of energy funding and policy bills. The bill would harm Minnesota utility consumers, and CUB urges a “no” vote. The energy package is contained in the broader Jobs omnibus bill (SF 1937). The energy provisions would: Hurt jobs, residential and small business customers, and…

More consideration needed of bill to reduce regulation of new power generation

A bill before the state Senate Energy and Utilities Committee today would eliminate a step in the regulatory process for constructing new large renewable energy facilities. While there may be ways to streamline regulation without weakening consumer protections, we must fully consider the consequences of a possibly significant change to the way Minnesota handles new energy production. For…

Governor Dayton would sign Senate bill for new Xcel power plant

According to a statement issued today, Governor Dayton expects to sign HF 113/SF 85 as amended in the Senate last week. The bill allows Xcel Energy to build a new power plant in Becker, without going through the normal certificate of need review by the Public Utilities Commission (PUC). CUB initially opposed the bill, and was able…