Xcel

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Xcel files request to increase revenues 20 percent

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…

Xcel Energy Flex Pricing Pilot Postponed

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….

Xcel Energy Proposes Electricity Rate Increase

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 %…

Xcel Energy seeks 3-year rate increase totaling 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…

Xcel Energy working on Integrated Resource Plan

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….

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