BISMARCK, N.D. (AP) – Montana-Dakota Utilities Co. is asking North Dakota regulators to approve a natural gas rate increase.
MDU is seeking a 3.4 percent overall rate increase, which would raise $4.3 million a year more than current rates. If approved by the Public Service Commission, it would increase the monthly bill of residential customers by an average of about $3.50.
The utility says it needs the rate increase to cover the cost of increased investment in natural gas facilities. MDU’s natural gas investment in the state is projected to be $212 million by the end of the year, up 15 percent from last year.
MDU serves about 105,000 natural gas customers in 74 North Dakota communities.
MDU requesting natural gas rate hike
Posted by KCSi News in State on February 9, 2015 10:53 am / no comments












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