The Minnesota Public Utilities Commission today unanimously approved Minnesota Power’s proposal to reduce the interim rate customers are paying as part of the company’s November 2019 rate review. The Minnesota Public Utilities Commission (MPUC) approved Otter Tail Power Company’s request to implement interim rates on Jan. 1, 2021. Minnesota Power requested the lower rate on April 23 as part of its proposed broader resolution to settle its rate case, which was in response to the financial challenges the COVID-19 pandemic is causing for customers and communities. Monthly Rate Fixed Charge $9.00 per month Energy Charge Summer (June-Aug) @ $0.1308 per kWh Other @ $0.1168 per kWh Plus Applicable Taxes Interim Rate Adjustment A 3.0% Interim Rate Adjustment will be applied as specified in the Interim Rate Adjustment Rider effective for service rendered on and after November 18, 2019. Minnesota regulators have granted CenterPoint Energy an interim rate increase of about 5.4 percent, a bit less than the natural gas provider had requested. 10580, as required by Section 104.301 of the Texas Utilities Code and the Railroad Commission's rule on Interim Rate Adjustments, 16 T.A.C. Start a Post »                 Learn more about posting on Energy Central ». The interim rate adjustment is billed as a 7.75 percent increase, or about $5.06 per month, for a typical residential customer using 675 kWh. Energy Charge per kWh: Summer Winter First 500 5.599 ¢/kWh 5.819 ¢/kWh Excess 4.987 ¢/kWh 5.260 ¢/kWh INTERIM RATE ADJUSTMENT: A16.33percent increase will be added to the sum of the following, as applicable: Customer Charge, Energy Charge, Demand Charge, Fixed Charge, Facilities Charge, and the monthly Minimum Charge. Quite a few very noteworthy developments seem to be in store for 2021. Project ManagerLS Power Development, LLCSt. 11th Revised Sheet No. Start a discussion below. The Current Period Cost of While the MPUC today approved the lower rate for customers, it is expected to decide in early June, other components of Minnesota Power's proposed resolution of its November 2019 rate review, including: - Limiting the request to recovering only the lost income from a large, wholesale market contract that expires April 30. Together they are referred to as “Siemens” in this document. The interim rate is effective for service rendered on and after Jan. 1, 2006 and will appear on bills as an "interim rate adjustment." 6.40 Date Filed: June 21, 2019 Effective Date: July 1, 2019 Docket No. During a rate review an interim rate adjustment may apply to the charges below. 2 … Propane Supply ) APPLICATION FOR INTERIM AND FINAL PROPANE SUPPLY RATE ADJUSTMENT NorthWestern Corporation d/b/a NorthWestern Energy (“NorthWestern”) respectfully submits this Application for … Starting January 1, 2020, the Fuel and Purchased Energy Adjustment will be an approved forecasted rate with a true up in subsequent years for any differences between forecasted and actual recovered Fuel and Purchased Energy costs. Effective May 1, the current MPUC-approved interim increase of 5.8 percent will be reduced to 4.1 percent. MPUC sets interim rate increase for Minnesota Power retail customers ... Th e turbines were commissioned July 1, but various adjustments and re-pairs were required to bring the fl eet of wind turbines into total balance, Remus said. Wow! Minnesota Power also will refund interim rates collected from Jan. 1 to April 30, 2020, totaling about $12 million. Penalty rates are not intended as buy-through options. If approved, the company will provide additional details before this increase happens. OPTIONAL ENERGY CHARGE This option is available to customers with heat pump installations for non-interruptible service during June Customers would be billed or credited monthly based on actual power sales, rather than an amount estimated during the most recent rate decision. Effect Jan. 1, a Minnesota corporation Minneapolis, Minnesota 55802 www.mnpower.com effective Date: July 1, 2017 's! Than current rates Charge the minimum Monthly Charge the minnesota energy interim rate adjustment Monthly Charge under the above rate shall be Fixed! 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