In the News

In the News

CenterPoint, Xcel file for gas rate increases of over 6%

November 1, 2021 Star Tribune Mike Hughlett Minnesota’s largest natural-gas providers — CenterPoint Energy and Xcel Energy — Monday asked regulators for a rate increase of about 6.5 %, in standard requests that this year would add to costs that are already soaring for other reasons. Sharp increases in the commodity cost of gas are…

Minnesota Power proposes 17.5% rate hike

November 1, 2021 Star Tribune Jana Hollingsworth DULUTH – Minnesota Power on Monday proposed to state regulators an electricity rate increase of 17.58%, or $108 million. The Duluth-based utility’s typical residential customers would see an increase of about $15 a month, and small business customers an increase of $55 a month. The company requested an…

Xcel seeks 20% electric rate increase over three years

October 26, 2021 MPR News Kirsti Marohn Minnesota’s largest utility, Xcel Energy, is asking to raise its electricity rates by around 20 percent over the next three years. Xcel says it needs the increase to cover the costs of replacing an aging electrical system as it transitions to more renewable energy. It comes at a…

Xcel Energy requests 21% increase in electricity rates; here’s what that could mean

October 26, 2021 KARE11 Kent Erdahl MINNEAPOLIS — Minnesotans are already bracing for big jumps in heating costs this winter, and now the state’s largest electricity provider, Xcel Energy, is requesting a rate increase of around 20% over the next three years. Xcel is requesting an electricity rate increase of 21.2%, or $677.4 million, between…

Xcel wants to increase Minnesota residential electricity bills by nearly 20%

October 25, 2021 Star Tribune Mike Hughlett Minnesota’s largest electric utility filed its rate case Monday with the state Public Utilities Commission, which must approve it. Xcel Energy on Monday proposed an electricity rate increase of 21.2%, or $677.4 million, over three years, with just more than half hitting Minnesotans’ pocketbooks in 2022. With the…