utility rate increase
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Colorado Democrats advance proposal seeking to curb costs of utility bills
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Months after the Colorado legislature began investigating the state’s skyrocketing energy bills, Democrats advanced a proposal they say will help address the issue. Senate Bill 291 seeks to lower costs of utility bills and reduce future volatility by making several changes to the regulation of Colorado’s investor-owned electricity and natural gas providers, such as Xcel Energy, including…
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Xcel gets permission to bill customers more than $182M
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The Colorado Public Utilities Commission approved a settlement agreement earlier this month that allows Xcel Energy to impose an additional $182,235,418 on its customers, amounting to a 6.44% increase, or an average of $5.24 per month for residential customers and a 6.24%, or $6.64 increase for the average commercial customer starting April 1. This increase…
