![Xcel Energy Gets OK for Smaller Electric Rate Hike](http://townsquare.media/site/67/files/2012/03/Utilities.jpg?w=980&q=75)
Xcel Energy Gets OK for Smaller Electric Rate Hike
Minnesota regulators have approved an electric rate increase that's less than half of what Xcel Energy originally sought. On a 4-0 vote, the state Utilities Commission Thursday approved a 2.7% rate increase for Xcel Energy's electricity customers in Minnesota.