Contact Us

Judge Recommends Limiting Xcel Energy Rate Hike

MRBECK, flickr

MINNEAPOLIS (AP) – An administrative law judge says Xcel Energy’s proposed electricity rate hike should be held to 4.7 percent.

In a filing with the Securities and Exchange Commission, Xcel said Monday that last week’s recommendations by Administrative Law Judge Jeanne Cochran would amount to a $127 million rate increase.

Xcel is asking the Minnesota Public Utilities Commission for a 7.8 percent, increase, totaling $209 million, to pay for power plant upgrades.

The state Department of Commerce has recommended a 3.7 percent increase, saying the utility should cut bonuses and other perks for executives.

Xcel’s 1.2 million electric customers in Minnesota have been paying an interim increase of about 9 percent since Jan. 1, but likely will get refunds plus interest after the PUC issues a final ruling, which is expected in September.

More News from WJON

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wjon.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!