Rate case update
Dakota Electric submitted a general rate case petition to the Minnesota Public Utilities Commission (PUC) on Sept. 19, 2019, requesting an overall annual revenue increase of about $8.7 million or 4.3%.
State agency regulatory staff are now reviewing the information in our filing. The PUC met in October and found our filing to be in proper form and complete, approved the interim rate increase of 3.0%, and referred the filing to the Office of Administrative Hearings for review as is typical for a general rate case proceeding.
The interim rate increase of 3.0% will apply to electricity use beginning in November 2019, for which members will begin receiving bills in December 2019. Read more about the rate case or email [email protected] or call 651-463-6212.
$4.1 Million returned to members
Did you know one of the benefits of being a member of Dakota Electric means you get a portion of the cooperative’s margins? We belong to the communities we serve, so any margins are returned to you, our members, in the form of capital credits.
This year, the board of directors approved the retirement of $4.1 million in capital credits to be paid back to the membership. Dakota Electric is retiring the remainder of capital credits allocated from 1991 and 100% of the allocation from 1992.
Members who purchased electricity in 1991-92, and who are receiving $5 or more in capital credits, will be mailed a check this month. The amount of each allocation and retirement is based on how much individual members were billed for electric service during that period.
Watch for your check arriving soon. To learn more about capital credits email [email protected] or call 651-463-6212.
Helping Neighbors® helps those in need
Layoffs, medical emergencies, unexpected repairs — these things could happen to anyone and can leave families struggling to make ends meet. Dakota Electric members who contribute to the Helping Neighbors trust help local families pay utility bills when facing unexpected financial struggles.
Dakota Electric distributes Helping Neighbors funds to the local CAP Agency, Salvation Army and 360 Communities, which provide utility assistance to families experiencing hardship.
Please consider making a donation. Monthly donations can be added to your electric bill or you can make a one-time contribution.
To learn more about Helping Neighbors call our Member Service Department at 651-463-6212.
2019 Outstanding Township Leader
Elizabeth Wheeler is the 2019 Outstanding Township Leader award winner. She is shown in front of the historic Waterford bridge which she hopes to have restored.