Otter Tail Power rate case settled
NORTH DAKOTA - Otter Tail Power Co.'s North Dakota customers will be paying slightly lower rates under a settlement of an electric rate case.
The utility's 57,000 North Dakota electric customers also will be getting a small refund, with interest, for overpaying their electric bills during the past year.
An average residential customer using about 836 kilowatt hours of power each month will get a bill credit of about $6 within the next three months.
North Dakota's Public Service Commission approved the settlement only recently.
Otter Tail customers also will be paying less to finance the cost of new wind farms in northeastern and east-central North Dakota. Now, a typical residential customer is paying $3.82 a month for the wind energy. The new rates put the payback amount at $2.65 a month.
Related News
Energy crisis is a 'wake up call' for Europe to ditch fossil fuels
LONDON - Soaring energy prices are a stark reminder of how dependent Europe is on fossil fuels and should serve to accelerate the shift towards renewable forms of energy.
"This experience today of the rising energy prices is a clear wake up call... that we should accelerate the transition to clean energy, wean ourselves off the fossil fuel dependency," a senior EU official told reporters as the European Commission unveiled a series of measures aimed at tackling the crisis.
The European Union is facing a sharp spike in energy prices, driven by increased global demand as the world recovers from the pandemic…
