By BizWest
Xcel Energy Colorado has requested approval from the Colorado Public Utilities Commission to reduce customer natural-gas bills for the last three months of the year.
That will mean on average, a 10.54%, or $9.15, reduction on residential monthly bills and an 11.08%, or $42.04, reduction for typical small businesses from the same time last year. That is providing the weather remains stable, Xcel reports in a press release.
Residential customers are expected to see a decrease of 13 cents per month on their electric bills, while small businesses would pay approximately 91 cents more on a typical monthly bill compared with the third quarter of 2024, according to a news release.