Xcel Energy is seeking approval from the Public Utility Commission for proposed rate increases: nearly 10% for electricity and 11% for gas, citing infrastructure investments. This has led to protests from customers who argue that the company’s substantial profits should cover these costs without further burdening ratepayers. Xcel Energy, however, maintains that these investments are crucial for clean, reliable, and safe energy delivery, emphasizing their commitment to balancing reliability, sustainability, and affordability.
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Xcel Energy asks for two rate hikes in Colorado; some customers say they're fed up
Xcel Energy is seeking approval from the Public Utility Commission for proposed rate increases: nearly 10% for electricity and 11% for gas, citing infrastructure investments. This has led to protests from customers who argue that the company’s substantial profits should cover these costs without further burdening ratepayers. Xcel Energy, however, maintains that these investments are crucial for clean, reliable, and safe energy delivery, emphasizing their commitment to balancing reliability, sustainability, and affordability.