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Commission approves interim rate increase for Northern States Power Company, effective Feb. 1

2246909 · January 8, 2025
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Summary

The commission adopted an order allowing Northern States Power Company to collect interim electric rates tied to its 2025 rate case; the company’s requested interim increase would raise annual revenue by about $27.37 million (11.88%) and increase a typical residential bill by about $11.36 per month.

The North Dakota Public Service Commission on July 8 adopted an order granting Northern States Power Company (NSP) an interim increase in electric rates while its full rate case proceeds.

Commission staff said NSP filed a rate application and an interim increase request on Dec. 2, 2024. The primary drivers listed in the filing included capital investments in generation, transmission and distribution, higher operations and maintenance expenses, and increased depreciation expense. On its interim filing NSP proposed an annual revenue increase of $27,371,000.68 (an 11.88% increase), which the company estimated would raise a typical residential monthly bill by $11.36 for the 2025 test year.

The commission found NSP’s interim request met criteria under the North Dakota Century Code cited in the record and granted the interim rate increase; the commission noted that if interim revenues collected exceed final approved rates, NSP must refund the excess with interest at a commission‑determined rate. The interim rates were ordered to be effective on or after Feb. 1, 2025.

The motion to adopt the interim rate order passed on voice vote.