Xcel Rates May go up.

By: Associated Press Email
By: Associated Press Email

Denver (ap) _ With natural gas prices rising, Xcel Energy is
asking for permission to raise its gas rates by 19% next month.

The rate hike, if approved by the Colorado Public Utilities
Commission, will be 126% higher than August of last year.

The Rocky Mountain News said the request, made Friday, means the typical residential user will pay $31.64.

The utility does not currently make a profit on natural gas sales.

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