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Otter Tail granted revenue increase by ND Public Service Commission

FERGUS FALLS, Minn. -- The North Dakota Public Service Commission today granted Otter Tail Power Company a revenue increase of $3.6 million, or about 3 percent.

FERGUS FALLS, Minn. -- The North Dakota Public Service Commission today granted Otter Tail Power Company a revenue increase of $3.6 million, or about 3 percent.

"This is our first rate case in North Dakota since 1982," said Chuck MacFarlane, Otter Tail Power Company president and chief executive officer. "As the costs associated with providing reliable electricity continue to rise, we appreciate that the commission recognized our need for a rate increase. And although the commissioners granted a revenue increase that is less than the total amount we initially requested, they agreed with our proposals on many of the issues in the case."

Otter Tail said some customers will see less than the overall revenue increase of 3 percent and some will see more, based on their electric service rate selection and the amount of electricity they use.

Related Topics: FERGUS FALLS
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