Xcel Energy has asked the Minnesota Public Utilities Commission (MPUC) to approve an increase to electric rates over a two-year period beginning Jan. 1, 2025.
The requested increase for 2025 is approximately 9.6 percent or $353.3 million. Xcel Energy requested an additional 3.6 percent or $137.5 million for 2026. On average, the proposed final rate change would increase the bill for a typical residential electric customer by $13.79 per month.
The MPUC may either approve, deny, or modify the requested changes, including approving a lesser or greater increase than was requested for any customer class or classes of service.
Public hearings
Administrative Law Judge Joseph C. Meyer will hold seven in-person public hearings and two virtual public hearings so that customers have an opportunity to comment on the request. Any Xcel Energy customer or other person may attend or provide comments at the hearings.
You are invited to comment on the adequacy and quality of Xcel Energy’s service, the level of rates, or other related matters. You do not need to be represented by an attorney. The hearings will begin at their scheduled time and adjourn after everyone present has had an opportunity to comment or ask questions.
See public hearing dates and locations >
Questions?
Learn more on the Minnesota Public Utilities Commission website >
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