Quantcast

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

Xcel Energy Customers Invited to Public Hearing

Posted: Updated:

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.

Powered by WorldNow
Powered by 

WorldNowAll content © Copyright 2000 - 2014 WorldNow and Valley News Live. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.