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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 Service - Senior Citizen | Fixed | 9¢ |
Residential Service | Fixed | 9¢ |
Residential | Fixed | 10¢ |
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.