BISMARCK, N.D. (North Dakota Monitor) – The North Dakota Public Service Commission on Thursday approved natural gas rate increases for two utilities.
The increase approved for Montana-Dakota Utilities customers is lower than an interim rate that customers have been paying since January, so those customers will see a rate decrease starting in January.
The initial rate increase request from MDU was 7.5%, made in November 2023. The PSC approved an interim rate increase of 6.5%.
Thursday, the commission approved a 6% increase.
The average monthly increase for an MDU residential customer will be $3.55 and $3.47 for a Wahpeton residential customer.
Commissioner Julie Fedorchak noted that MDU has invested $35 million in infrastructure since its last rate increase in 2021.
Northern States Power Company, part of Minnesota-based Xcel Energy, asked for a 9.4% rate increase for its North Dakota customers.
In March, the PSC approved an interim rate increase of 8.7%
Thursday, the PSC approved an overall rate increase of 8.2%, though the increase for residential customers is 9%.
Fedorchak said the company went many years without a rate increase. While there have been rate increases in recent years, she said North Dakota natural gas rates remain well below the national average.
In December, there will be a hearing on an electric rate increase for Otter Tail Power Co.
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