Xcel gets partial rate increase approved, Minneapolis residents hit with added cost

Energy users will see an increase in their Xcel Energy bills as the Public Utilities Commission has approved a rate hike.

The commission’s decision includes an interim rate increase for all Xcel Energy customers, raising bills by an average of $5.84. Additionally, the Minneapolis City Council approved an increase to its gas and electric franchise fee, adding about $1 a month to energy bills.

“I don’t think it’s sustainable, right? We’re going to have to figure out a solution,” said Seton McClellan, a Minneapolis homeowner, expressing concern over the rising costs of homeownership…

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