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.
