November 10, 2021 MPR News Kirsti Marohn Along with chillier weather, Minnesota homeowners should brace for a sharp increase in heating costs expected to hit pocketbooks this winter. Last month, the federal Energy Information Administration predicted that U.S. households will spend 30 to 50 percent more money to heat their homes this winter, depending on…
09Nov
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…
09Nov
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…
01Nov
Xcel asks to hike electric rates by $677 million per year
Published November 1, 2021 Xcel Energy is asking state regulators to charge its Minnesota electric customers an additional $677 million each year, increasing revenues by 21.2% over three years. Xcel’s rate increase request must be approved by the Minnesota Public Utilities Commission (PUC), and utilities almost never get the full increase that they ask for….
27Oct
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…
27Oct
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…
26Oct
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…
22Oct
A healthy home starts with weatherization
Published October 22, 2021 A cold draft sneaks from the attic, the walls are cold to the touch, and moisture is collecting in the basement. These signs point to a need to weatherize and, without action, can affect your energy bill and the comfort of your home. Over 50% of homes in Minnesota were built…
18Oct
Consumer advocate: Prepare for higher heating prices this winter
Extra-high natural gas prices plus ongoing effects of last winter’s extraordinary price spike could combine for an expensive winter Published October 18, 2021 St. Paul, MN – The Citizens Utility Board is warning Minnesotans that it could be an expensive heating season. Natural gas prices have risen dramatically nationwide. The monthly average price is roughly as high as it’s been…
18Oct
Prepare for higher heating costs this winter
Published on October 18, 2021 It could be an expensive heating season. Natural gas prices have risen dramatically nationwide. The monthly average price is roughly as high as it’s been at any point over the last seven years. The prices of propane and fuel oil are also surging, and Minnesotans should anticipate feeling it in…