2024 Rate Proposal
We filed an electric rate proposal with the Minnesota Public Utilities Commission (MPUC) as we continue the transition to a resilient clean-energy future through our EnergyForward strategy. The rate proposal supports our delivery of safe and reliable electricity to customers as we invest in a sustainable carbon-free future for the region and the state.
Rates are set through a transparent process with the MPUC that regulates investor-owned electric utilities in the state. The 12-18-month process includes opportunities for public input and participation, and multiple public hearings where customers can speak to an administrative law judge overseeing the process. The MPUC also accepts written comments on its website at mn.gov/puc. We also encourage customers to give feedback directly to us by emailing AskUs@mnpower.com.
News Release
FAQ
Rate Proposal Filing Documents
Volume 1 - Notice of Change in Rates – Interim Petition
Statement Regarding Trade Secret Information
Notice and Petition for Interim Rates
Index of Interim Rate Schedules
- Interim Jurisdictional Financial Summary Schedules
- Proposed Interim Rates Schedules
- Comparison of Proposed Interim Rates to Most Recent General Rate Case
- Comparison of Proposed Interim Rates to Most Recent Fiscal Year
- Comparison of Proposed Test Year to Most Recent General Rate Case
- Comparison of Proposed Interim Rates to Proposed Test Year
Interim Tariff Sheets – Redlined
Proposed Notice to Counties and Municipalities
Volume 2 - Direct Testimony and Supporting Schedules
Jennifer J. Cady
Rate Case Overview
Joshua D. Taran
Capital Structure and Cost of Capital
Ann E. Bulkley
Return on Equity
Frank L. Frederickson
Customer Overview and Sales Forecast
Colin B. Anderson
Budgeting, Cost Allocations, and Expenses
Julie I. Pierce
Power Supply Strategy and Alignment
Todd Z. Simmons
Generation Operations
Daniel W. Gunderson
Transmission and Distribution
Laura E. Krollman
Employee Compensation and Benefits
Patrick L. Cutshall
Retirement Plan Accounting
Michael F. Farrell
Independent Confirmation of Prepaid Pension Asset
Stewart J. Shimmin
Jurisdictional Costs, Class Cost of Service Study, and Cost Recovery Riders
Amanda L. Turner
Revenue Requirements
Leah N. Peterson
Rate Design
Volume 3 - Required Filing Schedules
A. Jurisdictional Financial Summary Schedules
D. Rate of Return/Cost of Capital Schedules
E. Test Year 2024 Rate Structure and Rate Design
F. Other Supplemental Information
G. Commission Policy Statement Information
H. Travel, Entertainment, and Related Employee Expenses
