Xcel Energy Rates To Increase May 1
by KDLT News
April 12, 2013 3:54 PM
Even though there are still thousands of Xcel Energy customers without power in the Sioux Empire, starting May 1 those customers will see their rates increase by nine percent.
This week the South Dakota Public Utilities Commission granted Xcel the increase.
The increase is two percent under what Xcel initially wanted.
The increased rates will bring in more than $15 million in additional revenue for Xcel.
Next year rates will increase again by almost two percent.