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…
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%…
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…
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…
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….
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…
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…
Published December 2, 2019 In late October, CenterPoint Energy submitted an application to the Minnesota Public Utilities Commission (PUC) for the authority to increase rates for its natural gas customers. CenterPoint Energy has indicated the rate increase is needed to help cover infrastructure-related expenses including maintenance and pipeline relocation due to local public works and road…
Minnesota Power has submitted an application to the Minnesota Public Utilities Commission (“PUC” or “Commission”) for the authority to increase rates for its electric service customers. In its request, Minnesota Power has asked the Commission to allow the utility to increase rates and service charges to cover proposed additional revenues of $65.9 million, a 10.59…
Xcel Energy has submitted an application to the Minnesota Public Utilities Commission (“PUC” or “Commission”) for the authority to increase rates for its electric service customers. In its request, Xcel has asked the Commission to allow the utility to increase rates and service charges to cover proposed additional revenues of $466 million, a 15.2 %…
