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ALLETE secures customer rate freeze and clean energy investments under proposed acquisition
According to the settlement agreement, Minnesota Power customers would see a one-year base rate freeze and a reduction in the utility’s authorized Return on Equity from 9.78% to 9.65% following the transaction close, moves intended to deliver direct savings on bills.
Wisconsin regulators approve proposed Allete transaction plan
PSCW approval was needed because Allete owns Superior Water, Light and Power, a regulated utility that delivers electricity, natural gas and water to Wisconsin customers.
LSC Foundation, Giant Voices, Duluth Pack in the news
“Thanks to the thoughtfulness of our industry and community partners, these scholarships make LSC’s already affordable, high-quality education even more accessible.” -- David Kline, Lake Superior College Vice President of Advancement and External Relations.