Xcel customers in Minnesota could receive millions in refunds under rate settlement

By: Brian Martucci

Outlets: Minnesota Reformer

Published: May 27, 2026

Words: 591

Last Updated: 1 month, 4 weeks ago

Body Text Preview

Customers of Xcel Energy’s Minnesota gas utility could be in line for millions of dollars in refunds if state regulators approve its slimmed-down rate increase request later this year.

The settlement agreement between Xcel, ratepayer advocates and the Minnesota Department of Commerce would see Xcel’s gas utility revenue increase by $37.8 million this year, about $25 million less than initially requested.

Residential rates would increase by 4.1% — half Xcel’s initial request — while …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us