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Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers
May 03, 2024
DULUTH, Minnesota, May 3 (TNSres) -- Minnesota Power, a division of Allete, issued the following news release:

Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney General's Office and Large Power Intervenors.

If approved by the Minnesota Public Utilities Commission (MPUC), the agreement would set final rate increases of about 4. . . .

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