2021 Minnesota Electric Rate Proposals

Update: On Dec. 17, 2020, the Commission verbally approved our plan to avoid raising rates for customers in 2021, by extending certain components of the rate plan approved by the Commission in 2019. This approval means we will withdraw our 2021 rate proposal, and electric rates in Minnesota will remain unchanged in 2021. We will also dedicate $17.5 million to our proposed Payment Plan Credit Program, which would provide direct relief to residential customers who have fallen behind on their bills.

The approved plan is similar to the proposal the Commission approved last year, which delivered benefits to customers. In addition to avoiding a rate increase, last year’s agreement resulted in about $42 million that will be returned to residential customers – a credit of about $3 per month on average, beginning in April 2021.

We know this continues to be a challenging time for our customers. If you’re having trouble paying your bill, please contact us.

Three-Year Rate Proposal Documents