Energy Costs Going Up…Again.
XCEL is requesting a $142 MILLION increase this year, but will have to settle for $114 MILLION according to the Denver Post:
Xcel Energy has struck an agreement with regulators, consumer advocates and businesses that would raise electricity rates in Colorado $114 million over three years.
The utility had originally sought a $142 million increase for 2012.
The settlement, which must be approved by the Colorado Public Utilities Commission, would raise the typical residential bill, in three steps, by a total of $3.70 a month or about 5.5 percent.
The original request would have raised the average monthly residential bill by $4, to $71.
Read more:Xcel reaches $114 million electric rate-hike deal with Colorado regulators – The Denver Posthttp://www.denverpost.com/breakingnews/ci_20309397/xcel-reaches-114-million-electric-rate-hike-deal#ixzz1qzrISi2A
How will the increase affect your family budget?
Now is the time to lock in your energy rates with a solar thermal system and look at upgrading to the most efficient heating or cooling systems available. There are rebates available, but they go quickly. Give us a call to discuss your options. 303-589-4428
Posted on April 3, 2012, in Aqua Care Solar, Boilers and Furnaces, Heating and Cooling, Pool Spa and Hot Tub Service, Rebates and Tax Incentives, Solar Thermal and tagged Aqua Care Solar, baseboard radiators, blizzard, boiler, boulder, carbon monoxide detector, cooling, electric, energy smart, gas, heating, high efficiency, higher energy costs, home heat, radiant, radiator, rate increase, rebate, snow, Solar Thermal, tank, tankless, tax credit, under floor, water heater, XCEL. Bookmark the permalink. Leave a comment.