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Xcel Energy Hikes Rates Again in Minnesota

Xcel Energy Hikes Rates Again in Minnesota

Published 2 days, 4 hours ago
Description

Xcel Energy’s back with another electric rate hike—5.8% approved by Minnesota’s Public Utilities Commission—after already asking for a big jump. But consumer advocates won a win: late fees slashed from 1.5% to 0.45% and no extra charges for reconnecting shut-off power. Meanwhile, gas rates could climb 9.6–10.65%, still pending final review this fall. Minnesota residents brace for higher bills, but some relief is on the table for those struggling.

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