© 2022 Xcel Energy Inc. ELECTRIC RATE INCREASE NOTICE NOTICE OF PUBLIC HEARINGS FOR XCEL ENERGY MINNESOTA CUSTOMERS Xcel Energy has asked the Minnesota Public Utilities Commission (MPUC) to approve an increase to electric rates over a three-year period beginning January 2022. The requested increase for 2022 is about 12.2 percent, or $396 million. Xcel Energy requested an additional 4.8 percent, or $150.2 million, for 2023; and an additional 4.2 percent, or $131.2 million, for 2024. On average, the proposed final rate change, which includes the 2022 Test Year and 2023 and 2024 Plan Years, woul...