Published October 27, 2022 Last year, Xcel Energy filed a request with state regulators to charge its Minnesota electric customers an additional $677 million over the coming years. In its filing, Xcel addresses several reasons why it seeks to raise rates. For example, Xcel notes that it will be incurring additional costs to build new…
Published August 22, 2022 Since the fall of 2021, most Minnesotans who receive natural gas from CenterPoint Energy, Xcel Energy, Minnesota Energy Resources (“MERC”), or Great Plains Natural Gas Co. have had an extra surcharge added to their monthly gas bills. These surcharges enable the above utilities to gradually recover approximately $660 million in extraordinary…
Updated September 29, 2022 (Additional public hearings added); Published August 17, 2022 Last year, Xcel Energy filed a request to increase electric rates by more than 20 percent. If you are an Xcel customer, you are already seeing a 6.4 percent interim rate increase on your bills, which is in effect as the Public Utilities…
August 11, 2022 Minnesota Reformer Max Nesterak The Minnesota Public Utilities Commission decided Thursday that three of the state’s largest gas utilities may not charge customers for the entire cost of gas during the 2021 winter storm that sent prices surging and froze critical gas infrastructure in Texas and Oklahoma.
August 11, 2022 Star Tribune Mike Hughlett Minnesota utility regulators Thursday faulted the state’s gas providers for their response to a February 2021 storm, prohibiting them from passing down nearly $60 million in costs to consumers.
August 4, 2022 Star Tribune Mike Hughlett The Public Utilities Commission will make a final decision next week on whether the utilities can pass $660 million in costs to ratepayers. Read more.
June 13, 2022 Energy and Policy Institute Karlee Weinmann Minnesota state agencies urged regulators in scathing filings this month to require gas utilities to absorb at least a portion of the combined $662 million in extra charges they racked up over a five-day cold snap in February 2021. The utilities are asking regulators for permission…
Published May 26, 2022 Earlier this week, two judges recommended that natural gas customers should bear the full $660 million cost of a February 2021 winter storm. CUB is pushing back to make utility companies share the burden – and we could use your help. In February 2021, Winter Storm Uri caused natural gas prices…
Published February 9, 2022 Yesterday, the Minnesota Public Utilities Commission (PUC) made its determination in Xcel Energy’s integrated resource plan (IRP), mapping Xcel’s future power generation. The plan will substantially reduce emissions while maintaining reliability. Under the plan, Xcel will close expensive fossil fuel generators, build out clean energy resources, help affected power plant workers…
Published February 7, 2022 The Public Utilities Commission wants to hear from you. Minnesota’s natural gas utilities want ratepayers to cover the entire cost of last February’s natural gas price spike. CUB is currently party to a contested case proceeding where we are arguing that four of these utilities (CenterPoint, Xcel, MERC, and Great Plains)…
