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Montana-Dakota Utilities seeking natural gas rate increase

BISMARCK, N.D. — Montana-Dakota Utilities Co. is asking North Dakota regulators to approve a natural gas rate increase.

MDU is seeking a 3.4 percent overall rate increase, which would raise $4.3 million a year more than current rates. If approved by the Public Service Commission, it would increase the monthly bill of residential customers by an average of about $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 about 105,000 natural gas customers in 74 North Dakota communities.

In related news, MDU Resources to postpone sale of oil division.

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

6 comments

  1. wtf an increase with all the gas that is being sent down pipelines now, i guess the higher ups figure they need a pay raise

  2. Natural gas is cheap. Getting it to where it’s needed requires massive capital investment.

  3. Please make natural gas available in Herreid, SD !!

  4. Of course they want a raise that is why they stopped production so they could force the rates back up across the board so they won”t come back down, Those poor pitiful oil execs they are so pitiful.

  5. i dont use gas but still….BOOOOOOOOO