Xcel Energy wants rate hike | SummitDaily.com

Xcel Energy wants rate hike

DENVER – Residential Xcel Energy customers would pay an average of $23 more a year under a hike in natural gas fees submitted to state regulators Friday.Commercial customers would see their bills increase an average of $101 under the proposal to be considered by the Colorado Public Utilities Commission.Xcel wants to increase the monthly service and facility charge for residential customers from $8.54 to $13.14 per month. Commercial customers would see their charge increase from $15.38 per month to $22.60.The state’s largest utility said the increases are needed to pay for infrastructure, a federally mandated pipeline inspection program, the clean up of a retired manufactured gas facility in Fort Collins and the closure of a storage facility in Leyden.

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