Minnesota regulators stick with decision for smaller rate increase than Excel wanted

Image by Pexels
Image by Pexels

(St. Paul, MN)  --  Minnesota utility regulators are standing by their earlier decision to approve a smaller electricity rate increase than Xcel Energy requested.  

The state Public Utilities Commission voted five-0 against reconsidering the June decision, without allowing any comments by Xcel or other parties.  

Xcel had been asking for a hike of 440 million dollars but regulators approved proposing a 306 million dollar increase.  

The next step for Xcel, if it chooses to continue to fight the PUC ruling, is to take its case to the Minnesota Court of Appeals.