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Xcel Energy customers’ electric rates to increase starting Sept. 1

Average residential bill will rise about $4 a month; increase includes costs of closing coal plants

Engineering manager Dave Edmisson walks past ...
Engineering manager Dave Edmisson walks past smokestacks emitting steam near Pueblo last week at the new Comanche 3 electricity-generating plant. Paying for the plant has been the single biggest driver in Xcel Energy electricity rate increases in Colorado.
DENVER, CO - DECEMBER 12:  Judith Kohler - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Electric rates will go up for Xcel Energy customers starting Sept. 1 following state regulators' approval of a roughly $97 million increase in revenue for the utility. The new rates will increase the average residential bill by about $4 a month and the $5.58 a month for small businesses.
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