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Apple Valley council approves 20-year electric franchise with Xcel Energy and a franchise-fee plan
Summary
Council approved a 20-year franchise ordinance with Xcel Energy covering a central portion of Apple Valley, set a franchise-fee structure (3% of revenues for most accounts, $75/month flat for about 15 largest accounts) and estimated roughly $40,000 annual revenue from Xcel territory; council designated franchise-fee proceeds for pavement management and other priorities.
The Apple Valley City Council on March 12 approved a 20-year electric franchise ordinance with Northern States Power (doing business as Xcel Energy) and a companion franchise-fee proposal covering a central portion of the city.
Matt, a city staff member, told the council the franchise grants Xcel Energy the right to operate in the public right-of-way in the company’s territory,…
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