PSC approves rate increase for MDU electric customers
Published: Jun. 6, 2023 at 4:45 PM CDT|Updated: Jun. 7, 2023 at 12:00 PM CDT
BISMARCK, N.D. (KFYR) – The Public Service Commission has approved a lowered electric rate hike that will ease the impact on MDU’s electric customers effective July 1.
MDU’s original proposal would have been a 17% increase but the PSC approved a rate of about 7%.
With the new rates, an average residential MDU electric customer will be paying, in total, $8.27 more per month.
Related coverage:
- PSC to hold public input session about MDU rate increases
- PSC hears testimony on potential MDU rate hike
- MDU rate hike could be lower than expected
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