Rocky Mountain Voice

Colorado Customers Push Back as Xcel Seeks Another Rate Increase

By Allie Jennerjahn | Denver7

Denver7’s Jefferson County reporter Allie Jennerjahn has more on Xcel Energy’s proposed rate increase to $166 million, which customers say is making their bills already unmanageable.

DENVER — Colorado residents are pushing back on Xcel Energy’s latest request for a rate increase, with some telling Denver7 their electric bills are already stretching household budgets to the breaking point — especially during a stretch of intense summer heat.

Xcel Energy proposed a $225 million rate increase that would have raised customers’ monthly electric bills by about 6%. Last week, the Public Utilities Commission (PUC) reduced that request to closer to $185 million.

“A technical conference where Xcel will calculate the impact of the Commission’s decision will be held on Monday, August 17. The final written decision will be issued following the Aug. 17 technical conference,” according to a spokesperson with PUC.

READ THE FULL ARTICLE AT DENVER7