North Dakota approves Xcel electricity rate increase

By: Jeff Beach

Outlets: North Dakota Monitor

Published: February 5, 2026

Words: 471

Last Updated: 3 weeks, 1 day ago

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Utility regulators on Thursday approved a compromise electricity rate increase for North Dakota customers of Xcel Energy, a deal they say shields those rate-payers from subsidizing renewable energy projects in Minnesota.

Northern States Power Co., part of Minnesota-based Xcel Energy, in 2024 asked the North Dakota Public Service Commission for an electric rate increase of 19.34% with the residential rate increasing by more than 24%.

Xcel Energy agreed to cut its proposed electricity …

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