State agency takes on Xcel over proposed rate increase
Xcel Energy Rate Hike Request Challenged:
A MN state agency is taking on Xcel Energy over a proposed rate increase–knocking it down by $107 million, or more than half the planned increase of $198 million. “Xcel overestimated costs and underestimated revenue in 2011,” concluded the MN Dept. of Commerce. Xcel Energy is a public utility–CEO Richard [...]

