rates

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…

CenterPoint Energy rates will increase October 1

CenterPoint Energy customers will see an increase of 5.4% on their natural gas rates starting next month. This reflects an “interim” rate increase approved by the Public Utilities Commission earlier this month. CenterPoint has requested permission to increase its rates on a permanent basis by an average of 6.4%, or $56.5 million per year. It…

CenterPoint asks to increase natural gas rates

Last week, CenterPoint Energy asked the Minnesota Public Utilities Commission (PUC) for permission to increase the rates it charges customers for natural gas utility service. CenterPoint provides natural gas service in much of the Twin Cities metropolitan area and communities in central and southern Minnesota and as far north as Brainerd. CenterPoint has asked for…

Minnesota Power asking to increase average residential bill $225 each year

Minnesota Power customers could be paying an average of $225 more than last year for their electric service. Customers who use more electricity than average, including people with electric heat, would see higher increases. Customers that use the least energy, many of whom are seniors and lower-income families, would have the highest proportional rate increase….

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…

Bill hike could be coming for Minnesota Power customers

Minnesota Power customers could soon be paying about 6.7% more on their electric bills under a proposal approved yesterday by the Public Utilities Commission (PUC). The money would be used to reduce electric costs for 11 industrial customers by 5%. This industrial subsidy, and the associated charge for other customers, is possible under a law passed in 2015 for “energy-intensive,…

Minnesota Power rates will increase January 1

Minnesota Power customers should expect to see an increase in their electric rates starting the first of the year. This reflects an “interim” increase of 5.6% approved by the Public Utilities Commission today, the first step in Minnesota Power’s request for a larger “general” rate increase. As we’ve talked about on this blog, Minnesota Power has requested to…

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