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Minn. agency wants CenterPoint rate hike slashed

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ST. PAUL, Minn. (AP) — The Minnesota Commerce Department wants state utility regulators to cut CenterPoint Energy's proposed natural gas rate increase almost in half.

The agency analyzes rate requests ahead of votes by the Public Utilities Commission. Houston-based CenterPoint, with 823,000 customers in Minnesota, is seeking approval of a $44 million rate increase, but the Commerce Department recommended $21 million instead, The Star Tribune reported Wednesday.

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