July 20, 2022 The Timberjay Marshall Helmberger REGIONAL— Financial analysts with the state’s Department of Commerce (DOC) are recommending a sharp reduction in Minnesota Power’s request for higher electrical rates for its customers in northeastern Minnesota. Read more.
07Jul
Public Utilities Commission accepting public comments in writing or at virtual or in-person hearings, July 19 and 20
Published July 7, 2022 Minnesota Power has asked to increase electric rates by more than 18 percent: approximately $180 per year for the average household. How much the utility will ultimately be allowed to raise rates will be determined by the Minnesota Public Utilities Commission (PUC), which is now requesting public input. If you are…
21Apr
CUB fighting Minnesota Power’s proposed 18% rate hike
Published April 21, 2022 In November 2021, Minnesota Power filed documents with the Minnesota Public Utilities Commission (the PUC) seeking to raise its rates by about 18 percent. If approved, electricity rates would go up by about $15 per month for a typical household in Minnesota Power’s service territory. CUB is fighting back. Background This…
03Nov
Xcel files request to increase revenues 20 percent
Published November 3, 2020 Xcel Energy has filed a request with the state Public Utilities Commission (PUC) to increase electric rates in Minnesota. Xcel is requesting a 20 percent increase in total revenues over three years. Residential customers would see a 14 percent increase in the first year, 1.5 percent in the second year, and…
09Jun
Minnesota Power customers will get refunds after utility resolves, PUC approves revised rate increase request
Published June 9, 2020 Last Thursday, the Minnesota Public Utilities Commission (PUC) unanimously approved a resolution to Minnesota Power’s rate increase request that will result in immediate refunds for customers. The utility, which provides power to Duluth and parts of northeast, north-central, and central Minnesota, had originally requested a large rate increase, including a 15%…
23Apr
Minnesota Power proposal to withdraw rate increase request could result in immediate savings for customers
Published April 23, 2020 Today, Minnesota Power filed a request to immediately reduce customer bills, to soon refund approximately $12 million to customers, and to withdraw its pending request for a rate increase. The coronavirus pandemic has drastically changed the circumstances surrounding Minnesota Power’s earlier rate increase request. In November, Minnesota Power filed a request…
07Apr
Minnesota Power rate increase request, public meetings delayed one month
Published April 7, 2020 Given the current COVID-19 state of emergency, the schedule for Minnesota Power’s rate increase request is being postponed for about a month. Late last year, Minnesota Power filed a request to increase customers’ rates, including a residential rate increase of 15 percent. Customers are currently paying an interim rate increase of…
17Dec
CenterPoint Energy rates will increase January 1
Published December 17, 2019 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….
17Dec
Minnesota Power rates will increase January 1
Published December 17, 2019 Minnesota Power electricity 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, and is lower than the interim increase of 7.7% that Minnesota Power had requested. Minnesota Power (MP) has requested permission to increase…
17Dec
Xcel withdraws general rate increase request, customers will see smaller increase in 2020
Published December 17, 2019 In November, Xcel requested permission to raise rates an average of 15.2% over three years. However, the utility agreed to withdraw its rate increase request last week. Instead, the Public Utilities Commission approved smaller increases to “true up” financial projections. Writing for the Star Tribune, Mike Hughlett reports: Xcel said that…