(C) South Dakota Searchlight
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Otter Tail Power raising fee on electric customer bills to pay off projects • South Dakota Searchlight [1]
['Joshua Haiar', 'Searchlight Staff', 'Makenzie Huber', 'More From Author', '- August', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar']
Date: 2024-08
A monthly fee on electrical bills will increase by $4.14 for the average Otter Tail Power residential customer starting next month.
Increases will vary for the rest of the company’s customers. The company’s website says it serves approximately 13,500 residential, commercial and industrial customers in northeastern South Dakota.
The South Dakota Public Utilities Commission’s three elected commissioners unanimously approved the company’s increase Tuesday. Otter Tail will generate up to $3.2 million from the increase to help recoup costs from projects. Those include buying a natural gas plant in Deuel County, building a wind farm in North Dakota, and replacing and upgrading turbine blades and parts to increase the efficiency and lifespan of multiple wind farms.
The additional fee will be reviewed by the PUC next year.
The increase is part of a rate adjustment mechanism that allows utilities to adjust customers’ bills for specific projects. Company officials say the projects are essential for increasing reliability and generating cleaner energy.
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[1] Url:
https://southdakotasearchlight.com/briefs/otter-tail-power-raising-fee-on-electric-customer-bills-to-pay-off-projects/
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