Colorado’s largest utility is passing on price hikes that will raise the average natural gas bill to $177 from $115
Bill Levis
Posted inBusiness, Climate, Economy, Energy, Environment, Equity, News, Politics and Government
Xcel Energy rate hikes would raise utility bills up to $18 per month. And they’re not done yet.
Xcel Energy is seeking $950 million in natural gas and electricity rate increases that would raise the average residential utility bill $16.49 by the end of this year with the increase climbing to $18.32 by 2023. Three proposed rate hikes — one for electricity, one for natural gas and one to recoup money from a […]
Posted inBusiness, Climate, Energy, Environment, News
After collecting $610 million from Colorado customers, regulators say it’s time to end Xcel’s pipeline repair fee
What was supposed to be a quick way to raise money to address pipeline safety issues, a little add-on of about $3 a month for the average household, has lingered on Xcel Energy natural gas bills for a decade – but it may finally end. Xcel has since 2011 raised nearly $610 million, or three […]
Posted inBusiness, Climate, Energy, Environment, News
Xcel Energy needs a smarter, greener electric grid. But should Colorado customers foot the $344 million bill for it?
Xcel Energy is pushing for a record $344 million rate increase it says it needs to build a smarter, greener electric grid. But consumer advocates and state regulators are pushing back over the price tag. A major concern is that along with an earlier rate increase and other pending requests since the start of 2020, […]
Posted inBusiness, COVID, Energy, News
Xcel pushes natural gas rate hike for Colorado customers even as regulators ask for coronavirus-related delay
Xcel Energy is pressing ahead with a proposed $145 million natural gas rate increase despite concerns by consumer advocates and a state regulator about its impact on customers in the midst of the novel coronavirus pandemic. In a March 18 ruling, Colorado Public Utilities Commission Administrative Law Judge Steven Denman said he “strongly encourages” Xcel […]
Posted inBusiness, Energy, Growth, News
Want cheaper electricity? Xcel Energy wants to help — if you’re willing to do your laundry at 2 a.m.
Lisa Ferreira’s hot tub became a little less hot and her washing machine a little more nocturnal when she and her husband tested out the new electricity rates that Xcel Energy now wants to extend to all 1.2 million of its residential customers in Colorado. Ferreira and her husband were part of Xcel Energy’s two-year […]