Minnesota HF4236 limits public utility interim rate amounts and outlines procedures for refunds and rate adjustments.

Minnesota HF4236 amends the state statutes to limit public utility interim rate amounts. The Minnesota Public Utilities Commission must order an interim rate schedule within 60 days of the initial filing date, without a public hearing. If the interim rates are found to be in excess of the final rates, the utility must refund the excess amount, including interest, within 120 days of the final order. The commission can prescribe a method for the utility to recover the difference in revenues if an extension is granted for settlement discussions.

Minnesota HF4236 limits public utility interim rate amounts and outlines procedures for refunds and rate adjustments.

Minnesota HF4236 amends the state statutes to limit public utility interim rate amounts. The Minnesota Public Utilities Commission must order an interim rate schedule within 60 days of the initial filing date, without a public hearing. If the interim rates are found to be in excess of the final rates, the utility must refund the excess amount, including interest, within 120 days of the final order. The commission can prescribe a method for the utility to recover the difference in revenues if an extension is granted for settlement discussions.