The board of Alexandria, Minnesota-based public power utility ALP Utilities recently affirmed that there would be no electric rate increase in 2022.
This marks the third year in a row that there is not an electric rate increase.
There are two reasons for this, the utility said. The first is the rate stability that the utility has seen from its wholesale power supplier Missouri River Energy Services, which supplies Alexandria Board of Public Utilities with roughly 68% of the electricity used in Alexandria.
Second is the long-term strategy of planning infrastructure improvements, like undergrounding primary electric services, in a measured way that attempts to mitigate large rate increases for all consumer owners, it said.
ALP Utilities serves residents with electric, water and business communication services.