Xcel Energy customers see temporary rate increase, public comment period open [CBS News]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: CBS News
The Minnesota Public Utilities Commission is in the process of reviewing Xcel Energy's petition to increase rates for its customers. During the review, utility companies are entitled to recover a portion of the proposed costs through interim rates, per state law. Under Xcel Energy's two-year $490.7 proposal, the bill for an average residential customer's monthly electric bill would go up 9.6% in 2025 and another 3.6% in 2026. A spokesperson for Xcel Energy says if the final rates approved by the Minnesota Public Utilities Commission are lower than the interim rates, customers will be refunded in the form of a one-time credit with interest. A final decision on the rate increase will be made on or before July 31, 2026, the Minnesota Public Utilities Commission says. The rate increase is meant to support Xcel Energy's "commitment to provide reliable, safe, clean electric service" to its customers in Minnesota, according to an information sheet on the proposal. "Our electric pr
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XEL
News
- Xcel Energy gets U.S. approval to extend Monticello nuclear operations [Seeking Alpha]Seeking Alpha
- Xcel Energy’s Monticello Nuclear Plant Receives Federal Approval to Extend OperationsBusiness Wire
- Xcel Energy proposes nearly 10% increase to 2025 rates [Yahoo! Finance]Yahoo! Finance
- Health department monitoring Colorado renewable energy plant for excessive fumes [CBS News]CBS News
- Climate and Energy Analytics Startup Sunairio Raises $6.4 Million to Help Energy Sector Navigate Unprecedented Grid VolatilityPR Web
XEL
Earnings
- 10/31/24 - Miss
XEL
Sec Filings
- 12/31/24 - Form 4
- 12/31/24 - Form 4
- 12/31/24 - Form 4
- XEL's page on the SEC website