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Interim Rate Hike Approved for Minnesota Power

Minnesota Power will increase rates by 5.8 percent on an interim basis. Minnesota Power will increase rates by 5.8 percent on an interim basis. |  Photo: WDIO-TV file

Updated: December 05, 2019 08:45 PM

Minnesota Power customers should expect to see higher bills beginning Jan. 1, 2020. 

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The Minnesota Public Utilities Commission approved an interim rate hike of 5.8 percent. Minnesota Power says that comes to an additional $4.50 per month for the average residential customer. 

It's part of the company's ongoing effort to increase rates. In a press release, they say their goal is to increase revenues to "continue its commitment to deliver safe, reliable energy from increasingly cleaner sources of energy." 

Minnesota Power says if the MPUC decides on a final rate hike that is lower than the 5.8 percent interim number, customers will receive refunds plus interest. 

Copyright 2019 WDIO-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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