Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Sunday, April 26
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Montana Dakota Utilities 16% rate increase denied by regulators
    Utilities

    Montana Dakota Utilities 16% rate increase denied by regulators

    October 18, 20241 Min Read


    Montana Dakota Utilities is asking the Public Service Commission to charge customers 16% percent more, which would be $9.4 million more revenue a year. It takes time for the PSC to evaluate a rate case. So the utility wanted the commission to approve a temporary rate increase that would give it most of that money while it considers the full increase. Four of the five commissioners agreed that customers couldn’t afford the price jump, and rejected that temporary increase Tuesday.

    Miles City resident Mary Catherine Dunphy opposed the increase, saying towns in eastern Montana are already struggling financially.

    “Each year these utility companies keep coming at us. We’re not getting the same kind of pay raises and increases in Social Security and that kind of stuff. So we lose ground a little bit financially every year,” said Dunphy.

    Dunphy was one of several ratepayers along with city and county officials who came before the Commission asking them to vote against the price bump. MDU says these rate increases are needed to cover the costs of delivering power.

    The PSC will vote on the permanent rate increase in the coming months.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleIBM acquires Prescinto to bolster renewable energy asset management capabilities
    Next Article MicroStrategy’s Bitcoin Scheme Isn’t an ‘Infinite Money Glitch’, Says Michael Saylor

    Related Posts

    Utilities

    Utilities Up as Volatile Week Finishes Flat — Utilities Roundup

    April 24, 2026
    Utilities

    Utilities fear regulation will not keep up with changing demands

    April 23, 2026
    Utilities

    UK Utilities Risk Report 2026

    April 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    Closing Bell: Nifty above 25,300, Sensex rises 330 pts; PSU banks rally, metals fall

    September 16, 2025
    Bitcoin

    Oklahoma Considers Bitcoin Pay Option For State Employees

    January 23, 2026
    Bitcoin

    Bitcoin and XRP Price At Risk As US Govt. Shutdown Odds Reach 73%

    January 25, 2026
    What's Hot

    Rivian Says It Faces $100 Million Hole After Relaxation of Fuel Economy Rules — Commodities Roundup

    August 15, 2025

    Inflation in line with expectations in July as investors eye rate cuts

    August 14, 2024

    LONDON MARKET EARLY CALL: Stocks to climb after US-EU trade pact

    July 27, 2025
    Most Popular

    bne IntelliNews – Czech finance ministry lowers economic forecast to 1.1% growth this year

    August 23, 2024

    Les principales cryptomonnaies affichent des résultats mitigés ; le Bitcoin se maintient au-dessus de 93 000 dollars

    April 24, 2025

    John Lennon’s Son Comments on Big Factor That Crashed Bitcoin By U.Today

    August 7, 2024
    Editor's Picks

    CCL Industries reports strong Q2 growth, cautious outlook By Investing.com

    August 11, 2024

    2 Supercharged Dividend Stocks to Buy if There’s a Stock Market Sell-Off

    July 21, 2024

    Nasdaq 100 Holds Its Bull Path as Elliott Waves Target One More Upswing

    January 7, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.