BREAKING NEWS

BREAKING NEWS

PSC to hold meetings on electric rate increase

The North Dakota Public Service Commission will hold public meetings April 15 and 16 in Minot on Northern States Power Co.’s request to increase customer rates by 9.25 percent.

Xcel Energy owns NSP.

The meeting will be held on the Minot State University campus in the Administration Building, Room 359. The meetings begin at 7 p.m. on April 15 and at noon on April 16 and will include teleconference connections to simultaneous meetings in Bismarck and Fargo.

Commissioner Julie Fedorchak, who holds the PSC’s rate-making portfolio, said the meeting is an opportunity for customers to learn from the company what is driving rate increases and to express their concerns to the commission, which will ultimately determine the appropriate rates.

The sessions are not considered part of the technical hearing, and the discussion is not part of the official evidence the commission can use in making its decision. However, the discussion will aid the commission and its staff in identifying areas of concern to customers.

People also can view the meeting on the Internet by going to (www.psc.nd.gov), where a link will be posted. NSP’s application also can be found on the website.

On Dec. 18, NSP submitted an application asking for a $16.9 million or 9.25 percent increase in its annual North Dakota revenue. The proposed rate would affect about 88,000 retail electric customers. The increase for a residential customer using 750 kilowatt-hours would be $6.40 a month in the winter and $6.64 a month in the summer.

Items in the rate case that affect residential customers include increases in the monthly customer charge, moving profits from wholesale sales out of base rates into the fuel cost adjustment, paying the same price for electricity rather than a decreasing cost for usage over 1,000 kilowatt-hours and the cost of major improvements to NSP’s generation sources.