DULUTH, MN, Oct. 19, 2016 (The News Tribune) -Duluth Mayor Emily Larson announced Tuesday that her administration will ask the City Council next week to amend its ordinance which raises the city's electric utility franchise fee from 1 percent to 3 percent starting next year, bending to the complaints from the Verso paper mill that said the higher fee could force its closure.
Larson said the new proposal will see the fee rise to 3 percent as already approved but the fee will be capped at $420,000 annually for any single business.
The fee is charged directly to Minnesota Power for the right to provide electricity to customers in the city. Minnesota Power simply passes it on as a line item on home and business monthly bills.
RISI is not responsible for the reliability or availability of content on external websites.