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Minnesota’s public utilities say pandemic could hit their bottom line

May 9, 2020

Twin Cities Pioneer Press

Matthew Guerry

Residential customers are having trouble paying their bills. Commercial clients are using less power as offices and other workplaces remain on lockdown.

And depending on how severely those factors affect the financial health of Minnesota utility companies, rates might just end up increasing.

Major utilities have not been able to predict what impact the coronavirus pandemic will have on their business, according to official testimonies heard Thursday by the Minnesota Public Utilities Commission. But they do believe it will have an impact, and in a joint petition are asking for permission to track losses and expenses associated with the public health crisis.

Read more.

Author: Hannah Hoeger

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