Xcel Reports $903 Million Colorado Profit While Seeking Higher Electric And Gas Rates
By Mark Jaffe | The Colorado Sun
On Feb. 18, the PUC also approved 4,100 MW of new generation — a mix of wind, solar, natural gas and storage — to be fast-tracked in an effort to get federal tax credits before they expire.
The proposed gas rate increase would raise gas customers’ bills by an average $7.59 to $74.41 a month to pay for safety improvements, meet rising operating and maintenance costs and provide investor returns.
The electricity rate increase Xcel Energy is seeking would raise bills about 10% to $110 a month to recover infrastructure investments, operating costs and lost revenue sources.
“Enough is enough. Coloradans are being crushed under the weight of gas and power bills that get bigger every year,” Sarah Tresedder, senior climate and energy o...


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