Tag: Rate Hikes
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Colorado could see big hikes in electricity rates, new report shows
Colorado residential electricity consumers could pay as much as $6,400 to $9,280 total more in electricity costs per household than they do now through 2040, according to a report from the Common Sense Institute. “Driven by state policy mandates to reduce greenhouse gas emissions, electricity prices are projected to grow at more than three times…
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Colorado AARP warns against upcoming Xcel natural gas price increase
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Amidst one of the highest inflation rates in the nation, the Colorado chapter of America’s biggest group advocating for older people on Tuesday urged energy regulators to deny Xcel’s proposal to hike natural gas rates by nearly $189 million over three years. The rate hike, if approved, would mean Xcel residential customers would pay nearly…