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…
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…
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…
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…
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…
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…
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.
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…
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…
Published January 7, 2022 If you receive natural gas or electricity service from Xcel Energy, you’ll notice an interim rate increase on your next bill. Before the holidays, the Minnesota Public Utilities Commission (PUC) approved the increases, beginning January 1, but at substantially lower amounts than Xcel initially requested. An interim rate hike is a…
