The utility is seeking an increase that would raise customer rates by 12%, or about ten dollars a month on average. Department of Commerce Commissioner Mike Rothman says one concern is that Xcel is underestimating its projected revenue.
Xcel's Laura McCarten says the request was made to keep service safe and reliable for its 1.2 million customers in Minnesota.
Xcel's overall request is for a base rate hike of $285 million. The Commerce Department believes that should be cut by 67%. The deadline for the public to file comments on the Xcel request is March 31st.