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Public hearing set on MDU natural gas rate request

BISMARCK, N.D. — North Dakota regulators have scheduled a public hearing on a proposal by Montana-Dakota Utilities Co. to raise natural gas rates.

The Public Service Commission hearing is at 9 a.m. Aug. 31 at the state Capitol in Bismarck.

MDU is seeking a 3.4 percent overall rate increase, which would raise $4.3 million a year more than current rates. If the PSC approves, it would increase the monthly bill of residential customers by an average of $3.50.

The utility says it needs the rate increase to cover the cost of increased investment in natural gas facilities. MDU’s natural gas investment in the state is projected to be $212 million by the end of the year, up 15 percent from last year.

MDU serves 105,000 natural gas customers in 74 North Dakota communities.

In related news, MDU putting oil production company up for sale again.

This article was from The Associated Press and was legally licensed through the NewsCred publisher network.

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