Xcel Energy Inc. says it's in settlement talks with various parties over its request to increase Colorado electricity rates by $141.9 million, which the utility says would raise the average residential monthly electric bill by about 6 percent.
The Colorado Public Utilities Commission must approve the request.
In a regulatory filing Friday, Xcel said the Colorado Office of Consumer Counsel has recommended a $9.4 million rate increase, while staff for the Public Utilities Commission recommended a $7.3 million increase. They and others say Xcel should receive a lower return on equity than the company has requested.
Xcel has said its proposed rate hike will help it cover costs for items including increases in property taxes, pension expenses and maintenance expenses.
Concealed Carrying AF Vet Held Back From Stopping Attack By UCC Staff
No George Stephanopoulos, Mass Shootings Are Not Increasing | RedState
Dear 'Gun Free Zone' Campus Wizards: Nine Kids Died Because Of Your Stupid Policy
- What Is Your U.S. Income Percentile Ranking?
Al Roker apologizes for smiley-face storm selfie in SC [screenshot]
The truth about gun deaths: numbers and actual solutions
The War on America Turns 50 | Human Events