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Xcel Energy seeks a 19% rate hike for North Dakota customers over infrastructure costs, sparking affordability concerns ahead of a December decision.
Xcel Energy has proposed a 19% electric rate increase for nearly 100,000 customers in North Dakota, prompting public concern over affordability.
The North Dakota Public Service Commission held input sessions in multiple cities, with officials and residents warning the hike could strain household budgets and university funding.
The company says the increase is needed for infrastructure investments, including wind, solar, and potential nuclear projects, while regulators may adjust the request.
A decision is expected in December, following a formal hearing and ongoing public comment period.
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Xcel Energy busca un aumento del 19% de las tarifas para los clientes de Dakota del Norte por encima de los costos de infraestructura, lo que genera preocupaciones de asequibilidad antes de una decisión de diciembre.