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North Dakota Approves Xcel Electricity Rate Increase

By Bill Dubensky Feb 6, 2026 | 5:30 AM

(Photo by Michael Achterling/North Dakota Monitor)

 

(North Dakota Monitor) – Utility regulators  approved a compromise electricity rate increase for North Dakota customers of Xcel Energy, a deal they say shields those rate-payers from subsidizing renewable energy projects in Minnesota.

Northern States Power Co., part of Minnesota-based Xcel Energy, in 2024 asked the North Dakota Public Service Commission for an electric rate increase of 19.34% with the residential rate increasing by more than 24%.

Xcel Energy agreed to cut its proposed electricity rate increase for North Dakota customers.

The agreement raises overall rates by 10.37%, with the increase for residential customers at 12.92%.

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