Xcel Energy Customers Invited to Public Hearing - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Xcel Energy Customers Invited to Public Hearing

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The Public Utilities Commission is giving Xcel Energy customers in the Twin Cities and Southern Minnesota the chance to comment on Xcel's proposed $285M rate hike.

Public hearings begin today in Brooklyn Center but public comments may also be made online.

-The utility has applied for a 10.7% electrical rate increase.

-The PUC has approved an interim hike of more than 9%.

-Xcel says it needs the increase for upgrades.

-The commerce department says Xcel overstates its costs and understates revenues.

A PUC spokesman says that more than $1 million customers could get refunds if the commission grants a lower hike than the interim increase.

Besides the public hearing today...there will be six other hearings including one in St. Cloud and one in Mankato.

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