For Release: 09/30/2015
Minnesota Energy Resources files 2016 natural gas rate plan
EAGAN, MN – Minnesota Energy Resources Corp. (MERC), a subsidiary of WEC Energy Group (NYSE: WEC), today filed a request with the Minnesota Public Utilities Commission for a 5.47 percent overall increase in natural gas rates. MERC projects that the monthly bill for a typical residential customer will increase about $3.78.
The rate adjustment will enable MERC to invest in natural gas infrastructure upgrades to improve system reliability and enhance customer service.
Pending commission approval, an interim rate increase would begin Jan. 1, 2016. The requested interim rates would result in a monthly increase of $2 to $3 for a typical residential customer. Customer rates vary slightly, depending on the pipeline transporting the natural gas.
About Minnesota Energy Resources
Minnesota Energy Resources Corp., a subsidiary of WEC Energy Group (NYSE: WEC), is a natural gas utility headquartered in Eagan, Minnesota, serving approximately 225,000 customers in about 180 communities throughout Minnesota.
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