Minnesota Power agrees to smaller rate hike
The Duluth-based company would increase costs 4.9% for residential and small businesses and 4.4% for large customers. The utility originally sought a 12% hike.
Source: duluthnewstribune.com
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The Duluth-based company would increase costs 4.9% for residential and small businesses and 4.4% for large customers. The utility originally sought a 12% hike.
The parent company of Minnesota Power would be taken private for $67 per share.
The parent company of Minnesota Power would be taken private for $67 per share.
The average residential customer will see monthly bills go up by $8, the Duluth-based utility company said.
The average residential customer will see monthly bills go up by $8, the Duluth-based utility company said.