Colorado reports 8% increase in people applying for help to pay heating bills: "Unprecedent numbers" [CBS News]
Xcel Energy Inc. (XEL)
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Source: CBS News
Meanwhile, the State's Low Income Energy Assistance Program, known as LEAP, is reporting a surge in applications for help. The state program helping people with their heating bills has seen an 8% increase in applications since this time last year. Theresa Kullen, the program manager for LEAP, said it's an alarming trend they've been seeing for the past five years. "We are seeing a lot of new people that we have not served before. we usually serve every year, those on fixed incomes, disabilities, seniors on retirement benefits, social security," said Kullen. "It's getting harder and harder for the people that we serve." The program helps low and moderate-income coloradans pay part of their winter heating bills over a six-month period. Kullen said since early November when the application period re-opened for this year, they've received about 60,000 applications. She added that over the last few years, on average, they've seen a 10% increase in applications year-over-year. "Th
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XEL
Earnings
- 10/31/24 - Miss
XEL
Sec Filings
- 12/9/24 - Form 4
- 11/7/24 - Form 8-K
- 11/5/24 - Form 8-K
- XEL's page on the SEC website