It is a new year, which means new opportunities, challenges and growth. We look forward to what is to come in 2023.
General update At the December board meeting, our board thoroughly reviewed the 2023 budget and construction work plan. We continue to see tremendous growth in residential and commercial members even with supply chain challenges and elevated prices facing developers. Dakota Electric will not file a rate case in 2023.
Legislative update The legislative session is expected to feature certain topics that are important to Dakota Electric’s operations and our commitment to serving our members. Dakota Electric will monitor developments and look for outcomes that best represent our members.
Regulatory update Dakota Electric is unique in Minnesota as we are the only cooperative regulated by the Minnesota Public Utilities Commission (PUC). We have a positive relationship with the PUC, and we look forward to continuing this in the coming year. Dakota Electric employees recently developed a unique electric vehicle charging rate utilizing our recently installed smart meter equipment. This rate was filed with the PUC and will be reviewed in the upcoming months.
Member events We will be hosting our annual meeting in person this year on Thursday, April 27. More details to come soon! We are planning on having our member appreciation event at the Minnesota Zoo this year in July! Look for a save the date this spring — we hope to see you there!
Thank You Our members and hardworking employees make the communities we serve a better place. Thank you for all we have accomplished together in 2022. We look forward to another great year in 2023!
Dakota Electric sends out Circuits monthly newsletter to our members each month. Inside, members can find valuable money- and energy-saving tips, special event details, news about Dakota Electric and electric utility industry information that may impact electric bills.
Dakota Electric Association
4300 220th Street West
Farmington, Minnesota 55024