Posted on 10/25/2022 9:12:27 AM PDT by george76
Consumer gas bills will go up 2.9% in November under an Xcel rate increase
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Adding utility rate increases one on top of another is called “pancaking” and Wednesday Colorado regulators tossed another flapjack on the stack, granting Xcel Energy a $64.2 million increase in gas rates.
The increase in the basic rate follows increases in gas rates for rising fuel prices this year and to cover $500 million in costs due to a winter cold snap in 2021 that sent fuel prices soaring.
The rate hike granted by the Colorado Public Utilities Commission will increase the average residential bill each month by $2.90, about 2.9%, and the average small business customer’s monthly bill by $12.95 or 3.1%.
The increase will go into effect in November.
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The average residential bill has already increased temporarily by $5.67 to cover costs related to 2021’s Storm Uri and by another $6 to pay for the rising cost of natural gas in 2022.
While those figures are for the average bill over 12 months, Xcel Energy has already warned that during December, the highest natural gas usage month, bills could jump by 54% compared with the same month in 2021.
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Xcel Energy originally asked for a $188 million rate increase for investments over three years. The commission rejected the three-year plan, granting a single-year increase.
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For the single-year increase Xcel Energy wanted $94.2 million. The commission trimmed that by about a third.
In its filing on the rate case, the state Office of Utility Consumer Advocate, which represents residential and small business customers, had calculated that Xcel Energy needed only a $12 million increase.
Colorado Ping ( Let me know if you wish to be added or removed from the list.)
And the voting count for Biden in Colorado was?.
Small price to pay for the privilege of living in a democrat state.
sounds about right for the Biden Home Heating CRISIS of 2022-2023.
Nothing says clean government like outlawing audits.. Colorado Secretary of State : Mohamed Enab’s wife : Jena Griswold banned election audits..
Griswold sent out 30 thousand postcards to ineligible voters ( non citizens, dead .. ) in 2020 telling them to register. She did it again this year.- 2022.
40 of Colorado’s 64 counties reported registration rates that exceeded 100% of the eligible citizen voting- age population.. ~Judicial Watch
RINOs in the Colorado state house are happy with the Dominion Voting System introduced by Wayne Williams.
https://freerepublic.com/focus/f-news/4087467/posts
When it came time to choose between energy independence, high employment, low inflation, minimized global conflicts versus mean tweets Coloradans chose poorly…so suck it
Ow, and here comes winter. Oh well, I’d rather have more expensive heat than no heat.
Interesting to see what happens when the new taxes and regulations on short-term rentals hits.. leftists are drooling on potential new powers and money . More mask, vaxx passport, and other ESQ mandates?
Many tourists may spend their money elsewhere as introduced Canadian wolf packs may force many family ranchers to go broke .
” Coloradans chose poorly…so suck it”
I didn’t choose it so bite my Colorado ass.
I agree totally - neither did I chose this sorry excuse for state government.
On another topic, anybody else get caught up in the ‘traffic metering’ fiasco at the tunnels on Thursday? Cars were backed up from the eastbound west access to the tunnel west PAST the Silverthorn exit with NO escape once past that exit. Bladders were being emptied on the side of the interstate, looked like being in downtown Denver. What a mess.
Stolen?
I try and stay as far away from that city of evil as I can.
Me as well. Have been able to avoid the denvertown area since before the covid scare.
Wife got caught in the tunnel mess on her way to CO Springs for a meeting.
Another sad story about Colorado.
We loved the Mountains, the weather, golf, skiing, and flying.
Glad to have moved in 1993. The Californians had begun to change the politics so we sold and left for a non income tax state. The savings, by not paying the tax, was enough to send my daughter to a Prep School, a “win-win,” for us.
Yep
Thanks for info it sounds like Colorado has turned dirty like a few other states must purge Colorado Secretary of State Mohamed Enab’s wife : Jena Griswold
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