Though Xcel Energy lowered its $312 million requested rate increase to $45 million, people still want the Public Utilities Commission to say no to the ask.
, the utility company for much of metro Denver, of approximately $45 million — down from a whopping $312 million boost that the gas and electricity giant originally proposed.“They don't need a rate increase of any size,” said Chris Hoffman, a Coloradan who spoke at a July 11 public hearing on the new rate held by the PUC.
Every person who commented at the Tuesday night hearing on the rate case told the PUC, which regulates Xcel, that it should either reject or minimize the increase. According to PUC chair Eric Blank, there were 150 people signed up for the meeting. Last November, Xcel had initially asked for a $312 million rate increase to invest more in its distribution and transmission systems as well as pay for higher labor and operation costs. It also asked to earn more on its investments to meet shareholder demands.
“Both issues impact the amount the company could charge customers, even with the settlement,” explained Gail Conners, section chief of media relations, outreach and engagement for the Colorado Department of Regulatory Affairs — which houses the PUC.Blank said Conners’s explanation was one of the measures the commission would take to improve public engagement along with a new method for determining the order of speakers.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Xcel Energy customers voice opposition as Public Utilities Commission weighs $45 million electric rate hikeXcel Energy customers are sweating the possibility of another rate hike. They're making their opposition known to the PUC as the agency considers a $45 million electric rate increase. via JessicaDenver7
Les mer »
155 insurance companies sue Xcel Energy over Marshall fire lossesCarole Walker, executive director of the Rocky Mountain Insurance Information Association, an industry trade group, said such lawsuits by insurance companies are common when fault has been found wi…
Les mer »
More than 150 insurance companies sue Xcel Energy over Marshall Fire claimsMore than 150 insurance companies are suing Xcel Energy, claiming the company’s negligence is to blame for the Marshall Fire and the damages it caused and demanding it pay for the settlements paid out to victims of the fire.
Les mer »
Inside the AP’s investigation into the ethics practices of the Supreme Court justicesAn Associated Press examination of the ethics practices of U.S. Supreme Court justices relied on documents obtained from more than 100 public records requests to public colleges, universities and other institutions that have hosted the justices over the past decade. To conduct its review, the AP surveyed local news stories and social media and obtained data from ScotusTracker, a website that logs justices’ activities, to develop a list of appearances over the past 10 years. In late 2022 and early this year, the AP submitted records requests to the public institutions on that list, citing individual state statutes that require the disclosure of certain documents to the public.
Les mer »
Officials concerned for public safety as residents, visitors flout Glynn County pet restrictionsDid you know pets like dogs, cats and horses are prohibited on the beach and pier in Glynn County from 9 a.m. to 6 p.m. from Memorial Day through Labor Day? Officials are trying to get the word out.
Les mer »
WSJ News Exclusive | Sam Altman-Backed Nuclear Startup Is Going Public Through Altman’s SPACOklo, a nuclear-fission startup backed by Sam Altman, plans to go public through a merger with his special-purpose acquisition company
Les mer »