rates

Electric Heat in Minnesota: A guide to saving money this winter

Published December 1, 2023 Heating our homes is a major energy expense in Minnesota.  The amount we pay can vary significantly based on the type of heating system and type fuel used.  Around 20 percent of Minnesota households heat their homes using electricity, especially in greater Minnesota.  If these homes use electric resistance heat (think…

PUC approves MERC’s natural gas rate case settlement

Published October 27, 2023 On October 26, the Public Utilities Commission (PUC) accepted a settlement agreement that limited rate increases for customers of Minnesota Energy Resources Corporation (MERC). Under the settlement, the company lowered its request to raise rates from approximately $32.7 million to $21.2 million, a more than $11.5 million reduction. As a result, the residential rate…

Xcel electric customers to see rate refunds

Published June 29, 2023 On June 1, 2023 the Minnesota Public Utilities Commission approved a 9.6% rate increase over three years for customers of Xcel Energy’s electric utility. This final rate increase is much lower than the 21.2% rate increase Xcel had initially proposed. It is also lower than the 8.92% interim (temporary) rate increase…

Xcel gas customers to see rate refunds

Published April 6, 2023 On March 23, 2023, the Minnesota Public Utilities Commission accepted a settlement that increased rates for Xcel Energy’s natural gas customers. The agreement was negotiated by the company, the Department of Commerce, the Office of the Attorney General, the Suburban Rate Authority, and a group of clean energy organizations (Fresh Energy…

CUB is fighting MERC’s requested 9.91 percent rate increase

Published February 27, 2023 On November 1, 2022, Minnesota Energy Resources Corporation (“MERC”) filed an application with the Minnesota Public Utilities Commission (the “PUC”) requesting an increase in natural gas rates of $40,322,302 (a 9.91 percent increase). How much MERC will ultimately be allowed to raise rates will be determined by the PUC following an…

PUC approves a 9.5% rate increase for Minnesota Power

Published February 10, 2023 In November 2021, Minnesota Power filed a request with state regulators to charge its Minnesota electric customers an additional $108 million each year. If approved, this rate increase would have caused a rate hike of about 18% — or about $15 more per month for a typical residential customer. After a…

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…

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