Tag: gas tariff
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Xcel Energy’s natural gas rate hike proposal slashed by regulators, saving customers millions
The Colorado Public Utilities Commission slashed Xcel Energy’s latest natural gas rate increase request by 70% Tuesday – from $214.6 million to $64.2 million. The new base rate will take effect Nov. 1. The regulatory agency also denied the energy company’s request for $81 million for future, unspecified capital expenses. Xcel had originally proposed to add…