Xcel

Regulators approve Xcel rate increase

Yesterday, the Minnesota Public Utilities Commission approved a plan under which Xcel residential electricity rates will increase by 10.6 percent over four years. Customers are already paying much of the increase, in a 5.5 percent interim rate increase that went into place in 2016. This is the first multi-year rate plan that regulators have approved…

Governor Dayton would sign Senate bill for new Xcel power plant

According to a statement issued today, Governor Dayton expects to sign HF 113/SF 85 as amended in the Senate last week. The bill allows Xcel Energy to build a new power plant in Becker, without going through the normal certificate of need review by the Public Utilities Commission (PUC). CUB initially opposed the bill, and was able…