Published November 3, 2020 Xcel Energy has filed a request with the state Public Utilities Commission (PUC) to increase electric rates in Minnesota. Xcel is requesting a 20 percent increase in total revenues over three years. Residential customers would see a 14 percent increase in the first year, 1.5 percent in the second year, and…
Published August 20, 2020 Rooftop solar has been gaining popularity in Xcel’s service territory in recent years. Xcel customers who install solar arrays on their homes or businesses receive credits on their bill for production that exceeds their use and may be eligible to receive other incentives and tax credits; however, these bill credits and…
Published June 29, 2020 The Minnesota Public Utilities Commission (PUC) recently gave Xcel Energy the go-ahead for significant investments to modernize its local electricity grid. On May 29, the PUC approved Xcel’s plan to install smart meters for customers as well as the related communications network, and invest in additional advanced technologies in their electricity…
June 25, 2020 Inside Climate News Dan Gearino The promise of saving money could be an essential part of nudging the public to begin driving all-electric cars and trucks. But it’s not easy to figure out the differences in costs between an EV and a model that runs on gasoline. The calculation needs to include…
June 17, 2020 Star Tribune Mike Hughlett and Brooks Johnson Xcel Energy to tackle $3B worth of projects earlier than planned; Minnesota Power will spend $40M on new solar arrays. Xcel Energy would accelerate nearly $3 billion in spending, particularly on large renewable-energy projects, in response to calls from state utility regulators to jolt Minnesota’s…
Published March 30, 2020 Xcel Energy had planned to start a pilot program testing time-of-use rates for certain customers in Minneapolis and Eden Prairie on April 1. However, given the current situation, Xcel is postponing the pilot. The postponement means that all pilot participants will remain on their current electric pricing plan until further notice….
January 6, 2020 Inside Climate News Dan Gearino Even a renewable energy leader like Xcel, one of the first to pledge net zero emissions by mid-century, is finding it hard to end coal without adding natural gas. As major U.S. utilities began making pledges this past year to cut their greenhouse gas emissions to net-zero,…
Xcel Energy has submitted an application to the Minnesota Public Utilities Commission (“PUC” or “Commission”) for the authority to increase rates for its electric service customers. In its request, Xcel has asked the Commission to allow the utility to increase rates and service charges to cover proposed additional revenues of $466 million, a 15.2 %…
November 1, 2019 Minnesota Star Tribune Mike Hughlett The utility’s proposal, which will be scrutinized by regulators, would cost its electricity customers an average of about $110 more per year by 2020. Xcel Energy wants Minnesotans to pay more for power. The utility’s rates would climb 15.2% over three years under a plan submitted to…
October 17, 2019 Mankato, Minnesota (KEYC) Holly Bernstein Xcel Energy is currently working on an Integrated Resource Plan, which determines how it will provide electricity to its customers for the next 15 years. For consumers, the plan maps out the source of their home electricity and how much energy comes from coal, gas, wind and solar power….
