XCEL PREPARES TO RAISE RATES

Xcel Energy is preparing to raise electricity and natural gas rates for its Wisconsin customers during the next two years. Increases planned in 2022 and 2023 are on the path to approval later this year so Xcel can pay for a variety of projects, including new solar power arrays and wind farms.

As a result of the proposed increases, the average residential customer will see monthly electric bills increase by $5.50 in 2022 and then another $4.25 in 2023, according to Xcel. Average household natural gas customers will see $4.65 more on their monthly bills in 2022 and then another $1.20 in 2023. If the state Public Service Commission approves the proposed rates, it will be the first increases Xcel customers have had in four years.

Share this post:

Comments on "XCEL PREPARES TO RAISE RATES"

Comments 0-5 of 0

Please login to comment