Legislation Details

File #: Details 2026-190    Version: 1 Name:
Type: GR - General Rate Status: Agenda Ready
File created: 9/22/2026 In control: PUC Agenda Meeting
On agenda: 10/14/2026 Final action:
Title: ** E015/GR-21-335; Minnesota Power E015/GR-23-155 In the Matter of the Application of Minnesota Power to Increase Rates for Electric Service in the State of Minnesota. Following the Court of Appeals remand, how should the Commission resolve Minnesota Power’s request to include in rate base the amount claimed as a prepaid pension asset and earn a return at the Commission-authorized weighted average cost of capital? Should the prepaid pension asset be recovered through rate base, or by another method, and if so, how much of Minnesota Power’s claimed prepaid pension asset should be included in rate base, and what rate of return? (PUC: Manning)
Attachments: 1. PUC Briefing Papers VOL 1 1-6-23, 2. PUC Findings of Fact, Conclusions, and Order 2-28-23, 3. Court of Appeals Opinion 9-9-24, 4. MP Initial Comments 6-12-26, 5. DOC Initial Comments 6-12-26, 6. LPI Initial Comments 6-12-26, 7. MP Reply Comments 7-10-26, 8. DOC Reply Comments 7-10-26, 9. LPI Reply Comments 7-10-26, 10. MP Response Comments 8-7-26, 11. LPI Response to Reply Comments 8-7-26
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title

**                     E015/GR-21-335;                     Minnesota Power

                     E015/GR-23-155

In the Matter of the Application of Minnesota Power to Increase Rates for Electric Service in the State of Minnesota.

 

1.                     Following the Court of Appeals remand, how should the Commission resolve Minnesota Power’s request to include in rate base the amount claimed as a prepaid pension asset and earn a return at the Commission-authorized weighted average cost of capital?

2.                     Should the prepaid pension asset be recovered through rate base, or by another method, and if so, how much of Minnesota Power’s claimed prepaid pension asset should be included in rate base, and what rate of return? (PUC: Manning)