BUSINESSKMGH DENVER7
What Xcel’s proposed rate increase could mean for your monthly electric bill
Xcel Energy proposes a $225 million electric rate increase to recover $4 billion in infrastructure upgrades, which could raise average monthly bills by $6.13. The Colorado Public Utilities Commission is reviewing the proposal, with public comments accepted until Tuesday, and a decision expected by July. Residents like Denver resident Jaime Cowam express concern over the financial strain.
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