Judge recommends limiting Xcel Energy rate hike
MINNEAPOLIS (AP) — An administrative law judge says Xcel Energy's proposed electricity rate hike should be held to 4.7 percent.
In a filing with the Securities and Exchange Commission, Xcel said Monday that last week's recommendations by Administrative Law Judge Jeanne Cochran would amount to a $127 million rate increase.
Xcel is asking the Minnesota Public Utilities Commission for a 7.8 percent, increase, totaling $209 million, to pay for power plant upgrades.
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