INTERIM RATE ADJUSTMENT A 12.01% Interim Rate Surcharge will be applied to rate components specified in the “Interim Rate Surcharge Rider” to service provided beginning January 2, 2012. This interim rate adjustment is calculated using factors reflected in the Final Order in GUD No. The increase is effective for service rendered on or after January 1, 2017. Minnesota Power to collect higher rates on an interim (temporary) basis. 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. Twelve (12) 9. This rate adjustment will impact the: D Iniual Block Rate 0 Monthly Customer Charge 0 Monthly Capacity Charge 8. ST. PAUL — The Minnesota Public Utilities Commission on Thursday, Dec. 5, approved a 5.8% interim rate increase for CenterPoint Energy natural gas customers. Northern States Power Company, a Minnesota corporation Minneapolis, Minnesota 55401 MINNESOTA ELECTRIC RATE BOOK – MPUC NO. 2 RATE SCHEDULES TABLE OF CONTENTS Section No. The Minnesota Public Utilities Commission (MPUC) approved Otter Tail Power Company’s request to implement interim rates on Jan. 1, 2021. (b) Establishing billing rates provides a method for interim reimbursement of indirect costs at estimated rates subject to adjustment during contract performance and at the time the final indirect cost rates are established. 11th Revised Sheet No. The Minnesota Public Utilities Commission (MPUC) approved an interim rate increase of 5.6 percent for Minnesota Power customers as the first step of its broader review of the company's recent rate. §7.7101, except for the property tax factor which was calculated using the estimated taxes paid to date. 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. Together they are referred to as “Siemens” in this document. - Delaying any future rate proposal until at least March 1, 2021. Minnesota law allows Xcel Energy to recover costs related to reducing Mercury emissions at two of Xcel Energy’s fossil fuel power plants ... and the adjustment varies monthly. The Company has also calculated and is seeking approval of the GRIP Adjustment using the 21% federal corporate income tax rate under the Tax Cuts and Jobs Act of 2017. The interim rate increase is $127.4 million or about 4.57 percent over total current rates. Today's decision follows the Commission's April approval of part of the Company's proposal to reduce the interim rate that customers had been paying. 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. the MPUC reviews CenterPoint Energy Minnesota Gas’ request. rate case. "This decision enables us to provide some much-needed relief to our customers during these difficult times as we continue to focus on delivering the safe and reliable energy so important to our communities, homes, hospitals and businesses.". If approved, the company will provide additional details before this increase happens. Customers would be billed or credited monthly based on actual power sales, rather than an amount estimated during the most recent rate decision. 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. Minnesota Power’s proposed modified interim rates. Ontario Energy Board July 12, 2018 1 Chapter 3 Filing Requirements for Incentive Rate-Setting Applications subject to the OEB’s Index Adjustments 3.1 Introduction On October 13, 2016, the OEB released its Handbook for Utility Rate Applications (the Handbook) to provide guidance to utilities and stakeholders on applications to the OEB Interim rates are essentially a “make‐whole” concept, allowing utilities to reflect cost increases for costs of the same nature and kind and the same rate of return allowed in the most recent rate case, with some exceptions for “exigent circumstance”. These notices have been reviewed by the Administrative Law Judge assigned to this matter. The increase is effective for service rendered on or after January 1, 2017. 6.40 Date Filed: June 21, 2019 Effective Date: July 1, 2019 Docket No. Minnesota Power worked with Commission staff to develop a notices of the downward adjustment to interim rates and the public hearings. The Trust and XTO conducted the interim hearing on the claims related to … Big rate cases can take 18 months to complete, so utilities always ask the PUC for an interim rate hike. Wow! Penalty rates are not intended as buy-through options. "We appreciate the Commissioners' willingness to consider and approve this portion of our request so quickly," said ALLETE President and CEO Bethany Owen. 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. 566 0 obj <> endobj 589 0 obj <>/Filter/FlateDecode/ID[<07B54E2643DA4693BC307504F6097722><06A9B1DA92074A2AB9BBF85B1B55FC60>]/Index[566 41]/Info 565 0 R/Length 106/Prev 92113/Root 567 0 R/Size 607/Type/XRef/W[1 2 1]>>stream It … Big rate cases can take 18 months to complete, so utilities always ask the PUC for an interim rate hike. … The rate increase appears on your bill as “Interim Rate Adjustment." 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