rates

Although final rate hike still pending, Xcel electric customers will not see an interim cost increase at the start of 2023

Published December 14, 2022 Last year, Xcel Energy filed a request with the Public Utilities Commission (PUC) to increase rates for its Minnesota electric customers. Because the process for evaluating whether these new rates should be allowed (i.e. a “rate case”) takes time, Minnesota law allows Xcel to increase electricity rates on a temporary basis…

Xcel drops request to raise electric rates next year

December 7, 2022 MPR News Kirsti Marohn Xcel Energy has dropped a controversial request for a $122 million electric rate increase next year. Minnesota’s largest electric utility, which serves 1.3 million customers in Minnesota, requested to raise rates about 21 percent over three years.  Last year, the state Public Utilities Commission granted Xcel an interim…

CUB continues to fight Xcel’s request to raise electric rates

Published October 27, 2022 Last year, Xcel Energy filed a request with state regulators to charge its Minnesota electric customers an additional $677 million over the coming years. In its filing, Xcel addresses several reasons why it seeks to raise rates. For example, Xcel notes that it will be incurring additional costs to build new…

Commerce: Cut electric rate hike by 55 percent

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.

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…

Electric and gas rates set to rise across Minnesota

December 27, 2021 MPR News Dan Kraker It’s been a busy few weeks at the Minnesota Public Utilities Commission. The PUC is charged with approving the rates that the state’s regulated utilities can charge for their electric and natural gas service.  And right now, the state’s biggest electric and gas utilities are all requesting rate…

CenterPoint & MN Power customers will see interim rate increase in January, but less than each utility initially requested

Published December 6, 2021 Last week, the Minnesota Public Utilities Commission (PUC) approved interim rate increases for both CenterPoint Energy and Minnesota Power. Customers of each utility will see the interim charge on their bills beginning in January. In both decisions, energy affordability for residential customers was at the front of the PUC’s consideration. CenterPoint…

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…

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