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Xcel Energy

Xcel Energy

Credit: Christopher Furlong / Getty Images
Credit: Christopher Furlong / Getty Images
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Customer Rate Increases Requested by Xcel Energy to State Utility Regulator

According to today's Coloradoan, Xcel Energy will be speaking to the Colorado state Utility Regulator to propose a possible rate hike which would occur over a three year span. The possible plan would see customers experience a three percent rate hike in 2015, and it would also occur the next two years. According to the report, Xcel Energy is requesting the rate hike to cover the costs which will be incurred with the installation of new pipes along with other safety and reliability improvements. The total cost for these improvements could get close to the $1 billion ceiling.

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XCel Energy Workers dig pipline
Xcel Energy, YouTube
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Gas Pipeline Will Run Through Loveland

A gas pipeline is being built through the city of Loveland. Representatives of Xcel Energy are going door-to-door to businesses along the route of the project through Loveland providing information and discussing issues with businesses that may be affected by the construction.

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