PUC holds hearing on Xcel rate hikes

The Minnesota Public Utilities Commission is holding a public meeting from 6:30–8:30 p.m. on Monday, Sept. 15, at the Washington County Heritage Center Education Center in Stillwater on Xcel Energy’s proposed two-year electric rate increases. Xcel seeks 9.6% in 2025 ($353.3M; about $9.89/month for the average residential customer) and 3.6% in 2026 ($137.5M; about $3.90/month), totaling 13.2% ($490.7M). Public comments are open through Dec. 30, evidentiary hearings are Dec. 17–19, and the PUC’s order deadline is July 31, 2026.