Xcel

Xcel customers: Get ready for a rate increase in the New Year

Back in the fall of 2017, we informed you about a multi-year rate increase approved for Xcel Energy electricity customers.  The first, and largest, portion of rate increases went into effect on October 1, 2017, and now it’s time to get ready for another round. Effective January 1, 2019, Xcel customers will face an increase…

New Xcel Energy time-of-use rate pilot should benefit consumers

Xcel recently received approval to conduct a pilot program designed to reduce peak residential energy use through price incentives. The program has the potential to both save consumers money and reduce emissions from electricity generation. Why reduce peak energy use?  On a typical weekday, many of us are away from our homes either at work…

Minnesota Legislature: Report from the end of session

The Minnesota Legislature wrapped up its work at about 11:50 p.m. last Sunday before a 12:00 deadline. While the session was marked by a lack of progress in many areas, it concluded favorably on a number of issues affecting energy consumers. Here’s a report on the outcome of CUB’s legislative priorities this year, as well…

Minnesota Capitol

Update from the Minnesota Legislature

We’re just about at the halfway point of the 2018 legislative session, and CUB has been busy at the Capitol. Here’s an update on some of the issues that could affect energy consumers this year.   Xcel nuclear plant spending A bill carried by Representative O’Neill and Senator Mathews would allow Xcel to more easily…

Xcel’s new vision: 85% carbon free by 2030

Last month, Xcel Energy quietly announced it is taking a big step forward for clean, affordable energy in Minnesota. This vision is good for Minnesota consumers, and CUB thanks Xcel for its leadership. Before Public Utilities Commissioners at a meeting in St. Paul on October 17, Xcel CEO Ben Fowke introduced the company’s new goal…

Xcel’s New Rates are Here

  Did anyone notice a change in their electric bills this month? If you’re an Xcel customer, your bill will look different. As of October 1, 2017, Xcel customers have new electric rates. Xcel estimates an average 8.0% increase for an average residential customer for this initial rate increase. Here is a quick summary of…

Xcel’s Rate Increase Starts October 1

October 1 marks the start of a multi-year electric rate increase for Xcel Energy electric customers. While it is pretty straight-forward to understand that your bills are about to increase, the details behind utility rate increases can be confusing. That’s one reason CUB exists – to help consumers understand their energy bills and provide ideas…