Rocky Mountain Voice

Tag: Low Income Households

Xcel Energy’s Plans for 2026 Rate Hike Draws Pushback from Communities
DENVER7, Approved, State

Xcel Energy’s Plans for 2026 Rate Hike Draws Pushback from Communities

By Claire Lavezzorio | Denver7 Denver7 is listening to the community after Xcel Energy announced proposed rate hikes. COMMERCE CITY, Colo. — Denver7 is listening to the community after Xcel Energy announced Friday it wants to increase electric rates in Colorado by nearly 10% in 2026. Commerce City resident Lucy Molina told Denver7 it's going to force some families to make difficult choices. "Do I pay my electric bill, or do I eat?" said Molina. Robert Kenney, President of Xcel Energy Colorado, told Denver7 Friday that the increase is to recover investments in safety and reliability, like transmission, distribution, and generating facilities the company has made over the past 3 years. The average residential customer would see their bill increase $9.94 per mont...

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