Minnesota Power Requesting 18% Rate Increase to Offset Clean Energy Investments
An interim rate increase of 14% will start January 1st lasting until the Commission approves 18%.
DULUTH, Minn.- Minnesota Power is filing a request with the Minnesota Public Utilities Commission to increase its annual operating revenue by $108 million. This would mean an 18% increase or about $15 dollars more on customers’ monthly bills. But as the commission takes up to a year to approve their request, the company asked for an interim rate increase of…