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Brainerd utility approves selling excess capacity and power-cost adjustment after AEP talks
Summary
Brainerd Public Utilities accepted staff recommendations to sell excess capacity ahead of auction at a secure regional buyer rate and use a power cost adjustment mechanism to implement a new supply rate effective June 1, 2025.
The Brainerd Public Utilities Commission approved staff recommendations to sell excess generation capacity for May 2025–May 2026 and to implement a power cost adjustment to reflect a new supply rate.
Chris Evans, Public Utilities staff, told the commission staff negotiated an average supply rate of $49.35 per megawatt-hour, under the commission’s previously set upper limit of $49.70.…
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