Minnesota Power Customers to See One Time Credit on Their Electric Bills
Jennifer Lewerenz | Jun 11, 2020 AT 5:54 am
(KNSI) - Customers of Minnesota Power will see a small credit on their upcoming electric bills.
Minnesota Power and the state's Public Utilities Commission previously approved a 15% rate hile for residential customers, but the PUC has now backed off that request and instead has unanimously approved a resolution that will result in a rebate for customers.
Under the approved rate increase, about $12 million total will be refunded. The average household will see an average one time credit of $20 added to their August utility bills, but the actual amount will depend on the customer's electricity usage. This refunds a 5.8% "interim" rate increase that customers had been paying from January through April while the PUC considered Minnesota Power's full rate increase request. From May 1 forward, residential customers will see about a 4.6% increase compared with the rates they paid in December 2019.
The utility provides power to Duluth and parts of northeast, north-central, and central Minnesota.