Published December 22, 2020 Last Thursday, the Minnesota Public Utilities Commission (PUC) approved an arrangement that will avoid a rate increase for Xcel Energy’s residential customers in 2021. This fall, Xcel filed a “rate case” — a request to increase their base rates by 20 percent — with the PUC. At the time of filing,…
Published December 7, 2020 This month, CUB and Minnesota Power released the findings of joint research evaluating how real customers’ electricity bills would change under four new rate designs that are under consideration. Over the past several years, Minnesota Power (“MP”) has engaged in a pilot program, stakeholder discussions, and regulatory processes to assess whether…
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%…
April 23, 2020 Duluth News Tribune Jimmy Lovrien If approved by regulators, Minnesota Power’s Jan. 1, 2020, rate increase will decrease from 5.8% to 4.1%, and the difference will be refunded to customers. Minnesota Power is aiming to lower its proposed rate hike and refund the difference to customers amid the COVID-19 pandemic. The Duluth-based…
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…
January 16, 2020 Yesterday, the Minnesota Senate energy committee met in Rochester to discuss a new draft of the Clean Energy First bill, carried by Senator David Senjem. As the name suggests, the bill would require utilities to use clean sources of electricity unless they demonstrate that to do so would increase costs of make…
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…
Have you heard the old tale about how big businesses pay too much for their utilities, and subsidize residential and small businesses utility rates? Well ya, Ole’s heard that one, too.
The Minnesota House and Senate have passed their major energy packages, and negotiations are beginning on these and all areas of spending and policy. The legislature is set to adjourn on May 20, and, as usual, the majority of bills will be settled during the final weeks or days of session. Most energy provisions are…
