Otter Tail completes rate review in North Dakota

On December 30th, the North Dakota Public Service Commission approved a $13.1M net increase to Otter Tail (OTTR) Power Company’s, a wholly-owned subsidiary of Otter Tail Corporation, electric service rates. Otter Tail Power filed its original request for a rate review on November 2, 2023. In the initial filing, the company increased rates for North Dakota customers on an interim basis beginning January 1, 2024. Otter Tail Power will propose to implement approved rates approximately 120 days after the PSC final order becomes effective, likely in the first quarter of 2025.