MDU electric rates to increase following renewable cost adjustment
BISMARCK, N.D. (KUMV) — Residential customers with Montana-Dakota Utilities will see a nearly $10 increase to their monthly bill after the Public Service Commission approved a rate change Tuesday.
The utility claims bills will increase by around $9.98 per month based on a customer using 800 kilowatt hours. It’s part of MDU’s renewable resource cost adjustment rate based on recent investments in various wind projects.
“Under its rider, MDU recovers costs associated with renewable generation resource additions or modifications approved by the commission but are not currently recovered in the retail rates,” said Sheri Haugen-Hoffart, commissioner.
Documents from MDU claim the now-operational Badger Wind Farm in Logan and McIntosh Counties helped reduce the increase, which was initially around $14 a month.
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