Tag: Cost Adjustments
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Xcel customers face price hike in January with limited coal supply, trends in natural gas prices
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Limited coal supply and current price trends for natural gas mean higher energy bills for Coloradans starting in January, as Xcel Energy seeks adjustments in how much it charges its 1.4 million customers. The Colorado Public Utilities Commission still needs to approve the price adjustment. If approved, the new rates would start on Jan. 1…
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Xcel customers likely to see higher energy rates as winter arrives
Colorado customers likely face steeper energy bills in the New Year if natural gas prices remain high, as experts anticipate, even after coping with hikes in electricity and natural gas costs exceeding 50% in the last year, not to mention soaring inflation. Global demand for natural gas, caused in part by the Russian war in…