Xcel Energy will ask state regulators to reconsider electric rate hike

Xcel Energy will ask state regulators to reconsider electric rate hike

June 2, 2023

Xcel Energy says it will ask state regulators to reconsider their decision to grant a far-smaller increase in electric rates than the utility requested.

On Thursday, the Minnesota Public Utilities Commission approved a rate increase for Xcel of 9 percent over three years. The Minneapolis-based utility had originally sought more than twice that amount.

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