Getting your player ready...
Xcel Energy has asked regulators to increase the amount the utility can charge consumers to help recover the cost of renewable power generation.
Xcel is seeking to raise the so-called Renewable Energy Standard Adjustment, a fee tacked onto consumer electricity bills, to 2 percent of what consumers would pay for conventional energy, the maximum allowed under Colorado law. The current standard adjustment is 1.46 percent.
The increase, if approved, would be effective Jan. 1 and boost the average residential bill by 33 cents a month. Average small-business customer bills would increase by 52 cents a month.
