MDU likely to get 7 percent ND electric rate rise

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BISMARCK (AP) — Montana-Dakota Utilities Co. is likely to get a 7.9 percent increase in its North Dakota electric rates this week.

MDU has asked for the interim rate increase while North Dakota’s Public Service Commission considers its request for a larger increase. It would affect almost 80,000 MDU electric customers in North Dakota.

Commission staffers say the increase is justified. It would allow MDU to collect $7.6 million more each year in electric payments from customers.

The Public Service Commission is expected to vote on the request Wednesday. It is part of a larger rate increase that MDU requested last April. It would cost North Dakota ratepayers about $15.4 million a year.

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