North Dakota regulators approve MDU electric rate increase

By The Associated Press

The North Dakota Public Service Commission has approved a 3.7 percent electric rate increase for Montana Dakota Utilities Co., amounting to about $7.5 million in revenue.

 

BISMARCK, N.D. (AP) — The North Dakota Public Service Commission has approved a 3.7 percent electric rate increase for Montana Dakota Utilities Co., amounting to about $7.5 million in revenue.

The fixed monthly charge for customers will increase 11 cents to 46 cents per day.

The commission says the company had originally asked for an increase of 6.6 percent, or $13.4 million. An interim rate increase of 5.8 percent was approved in November.

The PSC is authorized to permit, site and regulate certain business activities in the state, including electric and gas utilities, telecommunications companies, power plants, electric transmission lines, pipelines and railroads.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs