Xcel Energy Proposes Rate Hike 25 Oct 13

If you’re an Xcel Energy customer, get ready for higher bills over the next four years.  The utility is asking state regulators to approve what executives are calling a “significant” boost in rates and spread it out through 2018.  Xcel has raised rates every year for three years now, but say it’s not enough to make up for the billion-dollars it puts back into its system annually. A total of 1.2 million Minnesotans get their power from Xcel.