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Minnesota Ratepayer Funded Rate Assistance

Minnesota Ratepayer Funded Rate Assistance

  • As a result of legislation passed in 1994, Minnesota requires that electric companies serving over 200,000 residential customers provide a 50 percent discount for low-income customers on the first 300 kilowatt hours consumed each month. The provision applies only to the state's largest utility, Xcel Energy.
  • Legislation passed in 2007 requires all natural investor-owned gas utilities to provide a Gas Affordability Program which reduces natural gas utility payments from participants to no more than 6 percent  of their income.  Participants may also receive credits on their monthly natural gas bill.  Receipt of LIHEAP is required. 
  • Late payment and security deposit waivers.

LEVERAGING

2010: $12.5 million
2009: $11.5 million
2007: $6.8 million
2006: $7.7 million
2005: $6.1 million
2004: $4.9 million
2003: $5 million
2002: $4.7 million
2001: $4.2 million
2000: $3 million
1999: $4.0 million
1998: $3.2 million
1997: $4.2 million
1996: $3.8 million
1995: $2.9 million