Hibbing Public Utilities Comm Electricity Rates

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Hibbing Public Utilities Comm Rates

Hibbing Public Utilities Comm has several different electricity rates for residential customers, as shown in the table below.

Rate Name	Rate Type	Cost Per kWh
Residential	Fixed	10¢
Residential Service - Senior Citizen	Fixed	9¢
Residential Service	Fixed	9¢

Netmetering

Systems under 40 kW: Reconciled monthly; customer may opt to receive payment or credit on next bill at the retail utility energy rate For systems 40 kW -1 MW, NEG is credited at the avoided cost rate, or customers may elect to be compensated in the form of a kWh credit. Excess credit will be reimbursed at the end of the calendar year at the avoided cost rate.

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