Xcel Energy customers push back on possible rate hike

Xcel Energy customers in Minnesota are frustrated with proposed rate increases, which were reduced by the Minnesota Public Utilities Commission (PUC) but still result in a $5.59 monthly average rise for residential customers. The PUC approved a $211 million total increase over 2025 and 2026, significantly lower than Xcel's initial request, while public comments highlighted concerns about affordability. The final rates may lead to refunds if they fall below interim rates.