The Wyoming Office of Consumer Advocate has reached an agreement with Montana Dakota Utilities regarding MDU’s requested rate increase. The agreement is for a $3.2 million and would be phased in over a three year period. This means that the average residential customer would incur an increase of 7.1% in phase one of the increase which is the first year, and up to 8.4% in phase two which would be spread over the second and third years.

Secretary and Chief Counsel for the Wyoming Public Service Commission Chris Petrie tells affiliate KROE in Sheridan, the agreement still needs to be approved by the commission…(Click to hear from Chris Petrie)

The $3.2 million increase is down from the $6.1 million that MDU initially proposed, and later dropped to just over $5 million in January.