Colorado OKs 5 percent Xcel rate increase


Substation Relay Protection Training

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today
Colorado regulators have approved an electricity rate increase that will raise Xcel Energy residential customers' bills by about $2.94 a month starting July 1.

The state Public Utilities Commission said electric bills for Xcel's small-business customers will rise by about $4.42 a month.

The total rate increase is $112.2 million, or about 5 percent. Xcel had asked for $159.3 million.

Minneapolis-based Xcel is Colorado's largest electric utility with 1.4 million customers.

Earlier, Xcel proposed a $180.2 million rate increase to start January 1, on top of the increase that was approved.

Xcel says that request would increase typical monthly residential customer's bill by $4.98 and the typical small-business customer's bill by $5.40.

Related News

Nine EU countries oppose electricity market reforms as fix for energy price spike

EU Electricity Market Reform Opposition highlights nine states resisting an overhaul of the wholesale power…
View more

Energy-insecure households in the U.S. pay 27% more for electricity than others

Community Solar for Low-Income Homes expands energy equity by delivering renewable energy access, predictable bill…
View more

Poland’s largest power group opts to back wind over nuclear

Poland Offshore Wind Energy accelerates as PGE exits nuclear leadership, PKN Orlen steps in, and…
View more

Competition in Electricity Has Been Good for Consumers and Good for the Environment

Electricity Market Competition drives lower wholesale prices, stable retail rates, better grid reliability, and faster…
View more

Ontario energy minister asks for early report exploring a halt to natural gas power generation

Ontario Natural Gas Moratorium gains momentum as IESO weighs energy storage, renewables, and demand management…
View more

Coalition pursues extra $7.25B for DOE nuclear cleanup, job creation

DOE Environmental Management Funding Boost seeks $7.25B to accelerate nuclear cleanup, upgrade Savannah River Site…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.