On November 2, 2023, we submitted an application to the North Dakota Public Service Commission (PSC) for permission to increase our electric rates. The filing started a nearly year-long process, often referred to as a rate case.
During this time the PSC reviewed costs we incur to provide you with energy and related services and then determines the appropriate prices for using those services. This independent, public process helps ensure transparency and fair rates for all customers.
The primary driver behind our request was increased costs to maintain a safe and reliable system while meeting growing electricity demand. High interest rates and changes in our customer mix also contributed to the timing.
On December 31, 2024, the PSC approved a net annual revenue increase of approximately 6.16%, or $13.1 million—excluding certain costs currently recovered in riders. While overall costs of living have increased since our last North Dakota rate review, filed in 2017, this average net increase of 6.16% keeps our electric service rates among the lowest in the nation.
Final approved rates are less than half a percent higher than the interim rates we began collecting in January 2024, so you won’t see a significant impact to your bill beginning March 15.
The PSC also approved changes to our Transmission Cost Recovery Rider, Renewable Resource Cost Recovery Rider, and Metering & Distribution Technology Cost Recovery Rider when we implemented the interim rates. Since many projects recovered under these riders are now complete, any remaining costs are now included in our base rates.
You can proactively save energy and money by:
Unplugging any electronics that aren't in use, such as gaming consoles, TVs, and home office equipment.
Making low-cost and no-cost changes to reduce energy consumption, such as switching to LED lightbulbs.
Participating in programs that make use of lower off-peak rates, such as thermal storage and water heating.
Find more energy- and money-saving options in Ways to Save. And if you’d like to learn more about common causes and factors that may contribute to a higher bill, visit Energy bill higher than usual?
To find information about payment assistance, visit Need Help Paying? or call us at 800-257-4044.