Xcel proposes 13 percent drop in utility bills

subscribe

Xcel Energy is proposing a rate cut that would lower the average electric bill by about 13 percent.

Xcel said it filed for the $89.4 million rate reduction on December 12, mostly because of lower natural gas costs. Colorado's largest utility also uses coal to produce electricity.

Xcel said the cut would mean a savings of $8.10 a month on the average bill of $53.08.

The unit price of natural gas used to calculate heating bills is also down about 3 percent this December compared to last December.

If the state Public Utilities Commission approves the electric proposal, the cut would take effect January 1. It would apply to bills through March 2009.

Related News

wind power jobs

Leading Offshore Wind Conference to Launch National Job Fair

WASHINGTON - The Business Network for Offshore Wind, the leading non-profit advocate for U.S. offshore wind at the state, federal and global levels, will host its seventh annual International Partnership Forum (IPF) on April 21-24, 2020 in Providence, Rhode Island. 

New this year: the first-ever national offshore wind industry job fair plus a half-day workforce development summit, in partnership with Skills for Rhode Island’s Future. The OSW CareerMatch, will showcase jobs at top-tier companies seeking to grow the workforce of the future and recruit qualified candidates. The Offshore Wind Workforce Development and Education Summit, an invitation-only event, will bring together educators,…

READ MORE
powerlines

Massive power line will send Canadian hydropower to New York

READ MORE

trailers in medicine hat

Electricity deal clinches $100M bitcoin mining operation in Medicine Hat

READ MORE

power lines

NDP takes aim at approval of SaskPower 8 per cent rate hike

READ MORE

ev charger

If B.C. wants to electrify all road vehicles by 2055, it will need to at least double its power output: study

READ MORE