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Xcel Maintains Stable Rates, Keeping Bills Below Average

1/3/2025

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Summary

Story summary

Xcel has kept rates stable, with no increases in three of the last six years.
Rate hikes primarily stemmed from energy savings, impacting overall customer revenue.
Customer bills have stayed relatively flat since 2012, even with some rate increases.
Average monthly bills remain lower than both national and state averages.

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Story summary

Xcel has kept rates stable, with no increases in three of the last six years.
Rate hikes primarily stemmed from energy savings, impacting overall customer revenue.
Customer bills have stayed relatively flat since 2012, even with some rate increases.
Average monthly bills remain lower than both national and state averages.