Xcel Rate Hike



As the Minnesota Public Utilities Commission considers the latest request from Xcel Energy for a rate hike, concerns are being raised by customers and consumer groups.

Xcel is seeking an increase that would amount to another $123 a year for each of its one-million customers by 2016.

The state director of A-A-R-P, Will Phillips, says those who believe the increase is too much can now voice their opinions with the P-U-C.

Phillips also says in addition to the size of the proposed increase, Xcel's plan includes a hike in the basic customer charge that everyone pays before any electricity is even used.

A final decision by the Public Utilities Commission is expected early next year. If approved, the rate hike would be the seventh over the past decade.

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