In the News

In the News

Minnesota utility regulators soften rate increases sought by Xcel

December 9, 2021 Star Tribune Brooks Johnson Recognizing Minnesota residents are “under financial distress,” state regulators slashed a proposed Xcel Energy electric rate increase. Interim residential rates will still rise, but only about $5.50 a month instead of about $8.50. The Minnesota Public Utilities Commission (PUC) on Thursday approved a total interim rate increase of…

Regulators approve interim rate hike for Minnesota Power customers

December 2, 2021 Duluth News Tribune Jimmy Lovrien The 7.11% increase will take effect in January. Minnesota Power customers will see bills go up beginning Jan. 1. The Minnesota Public Utilities Commission on Thursday morning unanimously approved raising rates for the company’s residential customers by 7.11% and its industrial and commercial customers by 14.23%. The…

Minnesota Power backs off hefty interim rate increase

November 11, 2021 Star Tribune Jana Hollingsworth DULUTH — Minnesota Power Wednesday proposed a reduced interim rate increase to its residential customers, following last week’s filing with state regulators. On Nov. 1, the Duluth-based utility proposed to the Minnesota Public Utilities Commission (PUC) an electricity rate increase of 17.58%, or $108 million. The company requested an interim…

Hefty spike in heating costs expected to hit Minnesotans

November 10, 2021 MPR News Kirsti Marohn Along with chillier weather, Minnesota homeowners should brace for a sharp increase in heating costs expected to hit pocketbooks this winter. Last month, the federal Energy Information Administration predicted that U.S. households will spend 30 to 50 percent more money to heat their homes this winter, depending on…