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Xcel Energy applies for electric rate increase

Company files application to increase rates by three percent

Xcel Energy applies for electric rate increase

EAU CLAIRE, Wis. (WKBT) - Xcel Energy is looking to increase its rates for 2015.

The company filed an application Friday to increase electric rates by about three percent. A typical customer would see an increase of about three dollars a month.

Xcel says the additional money would be used in the transmission system, new wind power and power plant upgrades. It's also in preparation for anticipated fuel and power cost increases.

This is one of the lowest rate increases requested by the company in recent years.


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