Getting your player ready...
Xcel Energy’s natural-gas customers in Colorado should expect to see a 6 percent increase in their February bill compared with the same month a year ago, the state’s largest utility said Friday.
The typical residential bill for next month will be $107.57, or $6.39 more than February 2007. February bills, however, will be lower than January bills because of a projected decrease in consumption, Xcel said. Natural-gas prices in the region are still lower than the New York Mercantile Exchange average, but they are rising because of the recently opened Rockies Express pipeline. The $4 billion pipeline increases export capacity from the region, reducing excess supplies and putting prices more in line with those in other parts of the country.
