Skip to main content

Minn. AG Swanson aims to limit interim utility rate hikes

  • Author:
  • Updated:
    Original:

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

Screen Shot 2022-05-24 at 5.21.04 PM

Ex-South St. Paul coach dies by suicide 2 days before sentencing

Matthew McCollister was to be sentenced for fraud in federal court on Wednesday.

uawgitwa5lpcj158xkfx

Minnesota 'glampground' named one of 10 best in U.S.

In Nevis, Minnesota, campers can stay in a refurbished 1905 train car.

Screen Shot 2022-01-28 at 9.04.12 AM

Two men charged over terrifying armed robbery at Newport apartment

They shot the woman who lives in the apartment in the abdomen, and put a gun to a man's head.

Minneapolis police

Minneapolis 2-year-old identified in suspicious death case

The cause of death has not yet been revealed due to an ongoing investigation.

Arianna Vos

Victim of wrong-way driver crash ID'd as Hutchinson 19-year-old

Three women, ages 19, 20 and 20, were in the vehicle struck by a wrong-way driver early Sunday morning.

Julissa Thaler

Eli Hart killing: Police investigating multiple crime scenes

An announcement Tuesday confirmed potential crime scenes in Mound and Minnetrista.

SEIU Healthcare Minnesota strike.

Twin Cities mental health workers gather for 1-day strike

More than 400 mental health workers are participating in the unionized strike on Tuesday.

Bloomington Fire

HAZMAT team at Bloomington hotel following chemical spill in pool

The fire department said two hotel employees are being evaluated by paramedics.

Screen Shot 2022-03-24 at 9.21.32 AM

Big Brothers Big Sisters Twin Cities gets $6M of Mackenzie Scott donation

The donation is the largest the organization has ever seen from a single individual.

Hennepin Avenue S.

Minneapolis accused of backtracking on 24/7 bus lanes for Hennepin Ave.

The Minneapolis City Council is set to vote on Thursday.

Pexels - face mask covid holding

Duluth brings back masking in city buildings amid COVID surge

Duluth, in one of the state's current COVID hotspots, has brought back a mask requirement in city buildings.

Related