in News Departments > New & Noteworthy
print the content item

The Federal Energy Regulatory Commission (FERC) has approved an electrical rate increase for Minnesota Power's wholesale customers. Effective March 1, the rate increase applies to Minnesota Power's 16 municipal customers and two private utilities in Wisconsin, including Superior Water, Light & Power Co.

Minnesota Power explains the increase will offset rising costs of providing service to wholesale customers, including operating and maintenance expenses. In addition, the utility says that the increase is needed for environmental projects, wind generation and transmission asset additions. This is the first wholesale rate adjustment that the company has requested since 1995.

Minnesota Power provides retail electric service within a 26,000-square-mile area in northeastern Minnesota to 141,000 customers and wholesale electric service to 16 municipalities.


Advertisement

Trachte_id2056
Latest Top Stories

Deepwater Hits Financial Close For Block Island Wind Farm, Expects Summer Construction

The Providence, R.I.-based offshore wind developer becomes the first to financially close on a U.S.-based offshore wind project.


More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.

Hybrid Energy Innovations 2015