Local news, sports, weather presented by the WDIO News TeamALLETE, the parent company of Minnesota Power could soon be changing hands. A decision on whether or not it can be sold is expected October 3. Many consumers are worried about rate hikes, though Minnesota Power has consistently reminded the public that rate increases will still have to be approved by the MPUC, who also has final say over the sale. Their decision is the last hurdle the buyers must clear before the acquisition can go through. The final decision is expected at the MPUC’s October 3 meeting which begins at 9 a.m..