how do i payhalf of excel energy bill online

In the application document Xcel lays out how the reduction would impact customers. The main driver for the jump was an increase in natural gas prices.

“Xcel Energy also delivered strong reliability for our customers and communities in 2022 despite increasingly volatile weather causing high energy demand events during hotter-than-normal summers in Colorado and the Upper Midwest, and Winter Storm Elliott which knocked out critical electric and gas service across the country,” he said. In 2012, the company reported a profit of $905 million for the calendar year.ĭenver7 reportedthis past week that Xcel Chairman, President and CEO Bob Frenzel in a statement said the company delivered earnings of $3.17 per share and noted this is the 18th consecutive year that the company has met or beat its financial projections. During the past decade, Xcel’s profits have nearly doubled. Xcel Energy reported a net income, or profit, of $1.74 billion in 2022,which was an 8.7% increase over the previous year. Xcel customers started seeing higher rates around November 2022 at the same time the utility was seeing massive profits. The adjustment will impact residential and small commercial natural gas customers.

The Colorado Public Utilities Commission, or PUC, approved on Monday a request from Xcel Energy for a reduction in the gas cost adjustment which it says will lower bills for gas customers by around 15 percent, according to a release. Relief couldn’t come soon enough for customers who have reported bills that have doubled or even tripled this winter. DENVER - A potential step to reign in some skyrocketing utility bills could soon result in Xcel Energy natural gas customers seeing around a 15 percent reduction in their monthly bill.

How do i payhalf of excel energy bill online