Proposed 2024 Budget and Rates

Moorhead Public Service (MPS) is locally governed by a six-member board of MPS customers known as the Moorhead Public Service Commission (Commission). Each fall, the Commission has the responsibility of establishing the utility’s rates and budget for the upcoming fiscal year. Preliminary estimates indicate that rate increases for MPS customers in 2024 may be between 0 and 4 percent for electric rates and between 2 and 5 percent for water rates.

The Moorhead Public Service Commission will hold a public hearing to consider changes in electric and water rates in Moorhead. The public hearing will be held on Tuesday, October 17, 2023, at 5:30 PM, in the Auditorium at the Hjemkomst Center, 202 First Avenue North, Moorhead, Minnesota.

For thirty (30) days subsequent to the closing of the rate hearing and prior to the adoption of a rate change, written testimony shall be received and considered by the Commission. To be considered by the Commission, written comments should be postmarked no later than Friday, November 17, 2023, and mailed to: Moorhead Public Service Commission, P.O. Box 779, Moorhead, MN 56561-0779.

A formal decision regarding MPS’ 2024 rates will be determined at the Commission’s meeting on or about
December 19, 2023.

Click on the following for information regarding Moorhead Public Service’s (MPS’) proposed 2024 budget and rates:

• Reports to the Moorhead Public Service Commission by MPS staff:
  • 08/15/2023 Review Preliminary 2024 Budget Timetable, Appoint Budget Working Group, and Set Date for Water and Electric Rate Hearings
  • 08/21/2023 Regional Residential Electric and Water Rate Comparisons

 

 

Check back for updates to this information throughout the 2024 budget process.

The graph below shows the current electric grid conditions in the Southwest Power Pool footprint for Moorhead Public Service:

 

 

There are two types of energy alerts that will be communicated to Moorhead Public Service (MPS) customers during an energy alert or if controlled outages are necessary:

1. Energy Alert:  This is the level where MPS will issue a public appeal to reduce energy.

2. Energy Emergency:  This is the level where MPS will start controlled outages (rolling blackouts).   

For more information on current grid conditions in the Southwest Power Pool footprint, please visit https://www.spp.org/markets-operations/current-grid-conditions/

The U.S. Drought Monitor (USDM) is a map that is updated each Thursday to show the location and intensity of drought across the state of Minnesota. Visit www.drought.gov/states/Minnesota for more information and to view weekly updates.

To view currrent levels of the Red River, please visit   https://water.weather.gov/resources/hydrographs/fgon8_hg.png

Moorhead Public Service (MPS) purchases the power you use everyday from outside resources. Despite recent increases in cost, these resources have proven to be the least cost for customers.