Xcel Energy is requesting to increase rates for electric service for the fourth and fifth years in a row. If the request is approved as is, the typical customer's bill will go up by $10 per month, or $120 per year.
Meanwhile, many Xcel customers are having difficulty affording their energy bills. We can see it in Xcel’s shutoff numbers: In 2024 alone, the company disconnected service to more than 52,000 households. Xcel is on track to match or exceed that number in 2025.
Any increase must be approved by the Minnesota Public Utilities Commission. If you ...
Xcel Energy is requesting to increase rates for electric service for the fourth and fifth years in a row. If the request is approved as is, the typical customer's bill will go up by $10 per month, or $120 per year.
Meanwhile, many Xcel customers are having difficulty affording their energy bills. We can see it in Xcel’s shutoff numbers: In 2024 alone, the company disconnected service to more than 52,000 households. Xcel is on track to match or exceed that number in 2025.
Any increase must be approved by the Minnesota Public Utilities Commission. If you're concerned about Xcel's request to increase rates for electric service, submit a comment in Docket 24-320 today.
Not sure if Xcel provides your electricity? Take a look at this map.
More on Xcel's Electric Rate Increase here.
The Citizens Utility Board of Minnesota (CUB) is an independent non-profit advocate for our state’s utility consumers. We champion affordable, reliable, safe, and clean home energy for all Minnesotans.
If you're struggling with your energy bills, contact CUB today:
The PUC has final say on how much Xcel can increase its rates for electric service, and you can tell them what you think. Your comment—including your name, email address, and any other information you share—will become a part of the public record.