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Stock impact report

Minnesotans may have to wait a month for energy assistance after government shutdown [CBS News]

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: CBS News
State officials say the federally funded program could take up to 30 days for the money to get to Minnesota. For Lynn Miller, who is retired and living on a fixed income, this energy assistance is crucial. "It is always helpful to us," Miller said. "Just wish we could get it going so we don't have to deal with through the winter." The Low-Income Home Energy Assistance Program, or LIHEAP, is a federal program that provides assistance to low-income households. Minnesota received $125 million from it last year, which helped 125,000 households with utility bills through the state's Energy Assistance Program , according to the Minnesota Department of Commerce. Lissa Pawlisch is the assistant commissioner with the Minnesota Department of Commerce and says those funds would typically already be flowing. Now, households will not see funds for at least 30 days. "We are strongly advocating that the federal government get the money out as quickly as possible," Pawlisch said. "It's s Show less Read more
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