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11/11/2026

jesse4430
35 minutes ago
1 min read

BESSEMER – Xcel Energy selling their electric assets to UPPCO and natural gas assets to Semco was the main topic at last night's Gogebic County Board of Supervisors meeting in Bessemer.  County and local leaders are advocating for transparency with UPPCO and SEMCOs application and have the ability to negotiate with them on their assets and how they operate them locally.  In comparison UPPCO and SEMCO both have higher rates compared to Xcel, however in separate press releases both UPPCO and Xcel say local rates will not be immediately impacted.  The sales are pending approval by regulators and are expected to close sometime within the year.  UPPCO and SEMCO are the primary electric and gas provider to Upper Michigan, Xcel only services Gogebic and a small sliver of Ontonagon County in the state of Michigan. 

 
 
 

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