The Colorado Public Utilities Commission (CPUC) is taking public comment Tuesday as it reviews a proposed Xcel Energy electric rate increase.
Xcel said it’s trying to recover more than $4 billion in electric system upgrades made since its last rate case in 2022 when base rates were set.
- Watch the full story in the video player below.
“Our bills remain one of the lowest in the country at approximately 1% of wallet and continues to ensure our Colorado customers pay well below the national average for electric rates in the country,” an Xcel spokesperson told Denver7.
If approved by the CPUC, customers could see their bills go up by about $6 a month…