Xcel files for rate hikes in Minnesota
ST. PAUL, Minn. (AP) — Xcel Energy is seeking permission to raise Minnesota electricity rates by 4.6 percent next year and 5.6 percent the year after.
The increase would bring in about $291 million. The utility's 1.2 million customers would face an average increase of a bit more than $10 a month.
State regulators have typically cut Xcel's rate increase requests in half in recent years.