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Source: US State of Minnesota

St. Paul, Minnesota — At its December 3, 2020 agenda meeting, the Minnesota Public Utilities Commission approved an interim rate increase for Otter Tail Power Company (Otter Tail) customers of about 3.23 percent over current rates, or approximately $6.9 million. Considering the potential economic impacts of the COVID-19 pandemic on rate payers, the PUC approved 49 percent less than what Otter Tail initially requested in its filing. This interim rate will be in effect while the general rate case is underway and will be subject to customer refunds should final rates be less than the approved interim rates.