![CenterPoint Energy Seeks Major Minnesota Rate Hike](http://townsquare.media/site/67/files/2013/08/CenterPoint-Energy.png?w=980&q=75)
CenterPoint Energy Seeks Major Minnesota Rate Hike
MINNEAPOLIS (AP) - One of Minnesota's largest energy companies is asking the state to approve would be its largest-ever rate hike in Minnesota.
CenterPoint Energy's plan aims to reduce large spikes in residential energy bills during winter months, but would offset it with higher payments in the summer. Reports say that the Houston-based energy company says it needs a $44 million increase in revenue mainly because it has doubled investment in pipelines to enhance safety and reliability.
CenterPoint serves 806,000 customers in 260 communities in the state, including Minneapolis.
Review of the company's request by the state's Public Utilities Commission could take months. The PUC has a history of authorizing smaller hikes than what CenterPoint asked for.
More From AM 1240 WJON
![Minnesota Among the Most Energy Efficient States](http://townsquare.media/site/67/files/2021/10/attachment-energy-efficiency.jpg?w=980&q=75)
![Stearns Electric Asking Members to Conserve Energy in Heat Wave](http://townsquare.media/site/67/files/2019/01/thermostat.jpg?w=980&q=75)
![CenterPoint Wants to Give Renewable Natural Gas to Minnesota](http://townsquare.media/site/67/files/2014/06/Natural-Gas.jpg?w=980&q=75)
![St. Cloud Producing Nearly Double the Energy it Consumes](http://townsquare.media/site/67/files/2016/09/Hydro-Electric-Dam.jpg?w=980&q=75)
![New Solar Garden Will Save Local Taxpayers Millions](http://townsquare.media/site/67/files/2017/10/Community-Solar-Farm.jpg?w=980&q=75)
![Dayton Administration Proposes More Energy From Renewables](http://townsquare.media/site/67/files/2015/05/Solar-Panels.png?w=980&q=75)
![State on Track to Meet Renewable Energy Goal](http://townsquare.media/site/67/files/2016/03/Wind-Energy-Turbines1.jpg?w=980&q=75)
![Solar Garden Idea Taking Shape, Sartell Excited For The Possibilities [VIDEO]](http://townsquare.media/site/67/files/2015/04/Solar-Garden-Site.png?w=980&q=75)