Minnesota Signs Deal With Manitoba Hydro

WINNIPEG -- - The Minnesota Public Utilities Commission has unanimously approved a $1.7 billion power export deal with Manitoba Hydro.

It allows Minneapolis-based Xcel Energy to import power from Manitoba Hydro, despite the objections of aboriginal groups.

The 500-megawatt, 10-year deal was given the go-ahead.

It's an extension of an existing deal and will allow power to be exported until 2015.

Approval by Canada's National Energy Board is pending.

The Minnesota decision is a blow to the Pimicikamak Cree Nation of Cross Lake, Manitoba. They had asked the commission to first call a formal hearing into the social and economic impact of historic hydro development on their homeland.

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WINNIPEG - Manitoba Hydro Interim Rate Increase faces PUB scrutiny as consumers coalition challenges a 5% electricity rate hike, citing drought planning, retained earnings, affordability, transparency, and impacts on fixed incomes and northern communities.

 

Key Points

A proposed 5% electricity rate hike under PUB review, opposed by consumers citing drought planning and affordability.

✅ Coalition backs 2% hike; 5% seen as undue burden

✅ PUB review sought; interim process lacks transparency

✅ Retained earnings, efficiencies cited to offset drought

 

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