Xcel Energy Seeks Nearly 10% Rate Increase for 2025
Minnesota’s largest energy supplier, Xcel Energy, has proposed a nearly 10% increase in electricity rates for customers starting in 2025 and 2026. The company submitted its two-year proposal to the Minnesota Public Utilities Commission (MPUC) on November 1, 2024. The requested rate increase for 2025 is approximately 9.6%, or an extra $9.89 per month for … Read more