On November 2, 2023, we submitted an application to the North Dakota Public Service Commission (PSC) for permission to increase our electric rates. The filing starts a nearly year-long process, often referred to as a rate case.
During this time the PSC reviews costs we incur to provide you with energy and related services and then determines the appropriate prices for using those services. This independent, public process helps ensure transparency and fair rates for all customers.
The primary driver behind our request is increased costs to maintain a safe and reliable system while meeting growing electricity demand. High interest rates and changes in our customer mix also contribute to the timing.
New rates wouldn’t take effect until reviewed and approved by the PSC.
Interim rates
While the PSC considers our full request, we’ve asked to increase rates by $34.4 million on an interim basis beginning January 1, 2024. If the PSC approves an interim rate increase, interim rates would remain in effect until late 2024.
About $20 million of this requested interim increase is already being billed in individual rider line items under "Other Charges/Credits" and simply will move to the new "Interim Rate Adjustment" line item. To move this charge and collect the additional $14.4 million, we’ll apply a 30.51% increase to select charges, including the customer, energy, demand, facilities, fixed, and monthly minimum charges as applicable.
If the PSC approves the interim rate increase, the net increase to you would be 6.03%.
If the PSC approves final rates lower than interim rates, we’ll refund you the difference with interest. If final rates are higher than interim rates, we won’t charge you the difference.
The table below shows interim increases to typical monthly bills for each customer type. Increases vary depending on your electric service rate and the amount of electricity you use.
Customer rate type |
Monthly kilowatt-hour use |
Previous monthly cost |
Interim change in monthly cost |
---|---|---|---|
Residential |
875 |
$106.90 |
$20.56 |
Farms |
2,635 |
$275.54 |
$50.71 |
General Service |
2,804 |
$324.14 |
$61.05 |
Large General Service |
171,699 |
$13,338.47 |
$2,304.08 |
Irrigation |
2,849 |
$223.93 |
$52.50 |
Outdoor Lighting |
2,074 |
$49.35 |
$10.94 |
Other Public Authority |
2,786 |
$240.78 |
$38.88 |
Controlled Service Water Heating |
449 |
$39.57 |
$5.84 |
Controlled Service Interruptible |
2,244 |
$127.55 |
$13.88 |
Controlled Service Deferred |
3,747 |
$213.49 |
$23.40 |
Final rates
We requested permission for an increase to rates of approximately $40.6 million. A portion of this amount, $23.3 million, is already being billed via riders as we've outlined in the above interim rates section. If the PSC approves our overall request as filed, the net increase to you would be 8.43%.
The increase may be more for some customers and less for others depending on the rates on which they’re served and the amount of energy they use. We expect to receive a final decision from the PSC in late 2024.
The PSC provides several opportunities to provide comments on our request.
Public input session
Commission hearing
The PSC also will hold a formal hearing about our rate review request on a date yet to be determined. Once scheduled, you can find hearing information at psc.nd.gov or on this page.
Contact the PSC
You may contact the PSC at:
North Dakota Public Service Commission
600 E. Boulevard, Dept. 408
Bismarck, ND 58505-0480
Phone: 701-328-2400
TTY: 800-366-6888
Email: [email protected]
To find information about payment assistance, visit Need Help Paying? or call us at 800-257-4044.
November 2, 2023: We requested a rate review in North Dakota