Proposed rate hike, higher gas bills explained by Xcel
The largest portion of the increase in Xcel customers' bills is from the rise in the global price of natural gas, said the utility company.
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The largest portion of the increase in Xcel customers' bills is from the rise in the global price of natural gas, said the utility company.
Hoosiers are likely to see higher heating bills this winter. It’s expected to be colder than last year and the price of natural gas and coal is up.
On Wednesday, state regulators with the Public Utilities Commission questioned Xcel's proposal for an electric rate hike, following "unprecedented" comments objecting to the proposed increase.
Commissioners need $125,000 from reserves to keep the lights and heat on for the rest of the year.
Utilities are paying more for natural gas, which means many Colorado customers started to see higher bills starting Oct. 1. The Colorado Public Utilities Commission approved fuel rate adjustments Wednesday, Sept. 28 for Xcel Energy-Colorado...