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Securities and Exchange Commission
Washington, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) - June 11, 1996
Minnesota Power & Light Company
A Minnesota Corporation
Commission File No. 1-3548
IRS Employer Identification No. 41-0418150
30 West Superior Street
Duluth, Minnesota 55802
Telephone - (218) 722-2641
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Item 5. Other Events.
On June 11, 1996 the Florida Public Service Commission (FPSC) voted 3-2 to
require Southern States Utilities, Inc. (SSU), a wholly owned subsidiary of
Minnesota Power & Light Company (Minnesota Power), to refund about $10 million,
including interest, to certain customers who had paid more to SSU under a
uniform rate structure than they would have paid under a stand-alone rate
structure during the period September 1993 to January 1996. The FPSC order
reflecting this vote is expected by July 2, 1996. In so ruling, the majority of
the FPSC determined that a February 1996 decision of the Florida Supreme Court
in GTE Florida v. FPSC did not render a refund requirement unlawful. In March
1996, the FPSC had voted to reconsider its earlier order imposing the refund
requirement in light of the GTE Florida decision. SSU beleives that the GTE
Florida decision substantiates SSU's claim that it would be unlawful for the
FPSC to order a refund to certain customers who paid more under uniform rates
without also permitting SSU to recover the refund amount from remaining
customers who paid less. SSU has recorded no provision for refund. SSU intends
to appeal the FPSC's order to the First District Court of Appeals.
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Minnesota Power & Light Company
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(Registrant)
June 18, 1996 D.G. Gartzke
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D. G. Gartzke
Senior Vice President - Finance
and Chief Financial Officer