Skip to main content

Minn. AG Swanson aims to limit interim utility rate hikes

  • Author:
  • Updated:

Minnesota's Attorney General Lori Swanson wants state lawmakers to pass legislation that would end automatic interim rate hikes by public utilities, the Star Tribune reports. Swanson first pushed for the Legislature to change the law nearly three years ago.

In the last five years, Swanson's office says public utilities collected about $525 million in temporary electric and gas rate hikes, but nearly $177 million were later refunded to customers after the Minnesota Public Utilities Commission conducted full rate hearings.

Swanson said, “Minnesota consumers should not be a bank for utilities. Rate hikes should not be automatic, even temporarily,” Echo Press reports.

The renewed call comes as Xcel Energy, the state's largest electric utility based in Minneapolis, begins charging its Minnesota customers a 9 percent interim rate hike on Jan. 1 -- increasing electric bills about $8 per month. Xcel is seeking an even larger rate increase of 10.7 percent.

Next Up

Christopher Keyes

Prolific speeder charged in crash that killed woman, 75, in Plymouth

The man has seven speeding tickets dating back to 2019.

minneapolis police

Hunt for suspect who broke into apartment, fatally stabbed man

The homicide is the 57th to happen this year in the city.

minnesota state fair

How to save money at the Minnesota State Fair this year

The fair released its money-saving tips Thursday, including on parking, admission and entertainment.

Motel 6 Rochester

Threat of 'potential overdoses' among youths prompts Motel 6 raid

Rochester police says fentanyl pills were among the items seized.

boyd huppert

Boyd Huppert, Twin Cities TV stations among Murrow Award winners

The KARE 11 personality known for his 'Land of 10,000 Stories' feature was among the national winners.

Bar beer

Study: Excessive drinking cost Minnesotans almost $8 billion in 2019

The study was published by the Minnesota Department of Health Thursday.


Price of Disney+ is going up, unless you want ads

The ad-free version of Disney+ will increase from $7.99 per month to $10.99 per month, effective Dec. 8.


Mall of America shooting suspects arrested in Chicago

The two suspects were spotted leaving a barber shop.

Flickr - minneapolis police officer close-up belt camera - Tony Webster

Walz: Increased state law enforcement presence to stay in Twin Cities

A multi-agency effort to curb crime will go on until further notice.