Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Hibbing Public Utilities Commission approves 2025 rate adjustments after public input
Summary
The Hibbing Public Utilities Commission approved Baker Tilly’s option 1 rate recommendations for 2025 — including a 5.4% electric increase and an 11.25% water increase — after staff presentations, public outreach and a roll-call vote.
Hibbing Public Utilities Commissioners on May 27 approved a package of 2025 rate adjustments and the 2025 operating budget based on an outside rate study by Baker Tilly.
The commission voted to adopt Baker Tilly’s option 1 recommendation, which the utility presented as a phased approach to bring rates toward long-term financial stability. The study recommends a 5.4% increase for electric rates, a 4.5% decrease in gas rates, a 3.5% increase for steam and an 11.25% increase for water revenues.
The vote followed presentations by Hibbing Public Utilities staff and Russ Hissom of Baker Tilly, public outreach including a town-hall meeting and discussion among commissioners about how best to balance financial sustainability with customer impacts.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
