XCEL Energy rates dropping this fall

By: Associated Press Email
By: Associated Press Email

DENVER (AP) - The utility said that typical residential bills will drop by 12.6 percent. Small-business customers not subject to the two-tiered rates are expected to see a 5.1 percent decrease due to lower fuel and energy costs.

State regulators must approve the adjustment in the community price.

The Minneapolis-based utility says it's residential and business custormers will se a 6 percent reduction from last year in natural gas prices starting the first of October.

Regulators must approve that change.

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