Xcel Energy customers will be paying more starting JanuaryFargo, ND (WDAY TV) - If you're an Xcel Energy customer in Minnesota, your pocket book may be taking a hit.
By: WDAY Staff Reports, WDAY
Fargo, ND (WDAY TV) - If you're an Xcel Energy customer in Minnesota, your pocket book may be taking a hit.
Rates are set to increase in January - for most of you, that'll mean an extra $4 a month.
Rates will go up again next year, making an average increase of $11 a month by 2015.
“we've heard our customers concerns about this and that's why in this rate request we proposed the moderation to bring the impact of the 2014 cost increase down and to provide the more predictable prices so that's one thing we've down in response to our customers concerns.”
This is a request by Xcel.
In recent years, Xcel's rate requests have been cut in half.