Tag: rate increase

The Colorado Public Utilities Commission late Friday afternoon approved a $128.3 million increase in Xcel Energy electric rates that will go into effect Jan. 1. The Minnesota-based, investor-owned utility – Colorado’s largest power supplier – had originally sought a $180 million increase, which was whittled down to nearly $136 million in a settlement with two consumer groups.

The Colorado attorney general’s office filed papers today asking Xcel Energy to cut more than $100 million from a proposed rate increase of $136 million, according to documents filed with the Colorado Public Utilities Commission last week.

Xcel Energy Thursday filed for state approval of a settlement with consumer groups in its ongoing rate case before the Colorado Public Utilities Commission...

If it seems like it was just a few months ago when Xcel Energy was asking for a nearly $160 million rate increase –...

With Xcel Energy on pace to disconnect power to some 70,000 Coloradans this year for nonpayment, energy activists are openly questioning why ratepayers should pick up the tab for lavish executive board-member dinners, hotel and spa retreats and luxury box tickets to professional sports games.