Xcel

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…

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…