PUC to hold three public hearings on Xcel Energy gas rate proposal

DENVER (Oct. 10, 2017) - The Colorado Public Utilities Commission (PUC) will take public comment in Denver, Pueblo and Grand Junction over the next several weeks on a proposal by Xcel Energy that would raise natural gas rates by $139 million over the next three years to pay for capital improvements to its natural gas distribution system.

Public comment hearings will be Oct. 17 at the PUC, 1560 Broadway, Suite 250, in Denver; Oct. 23 at the Pueblo West Public Library, 298 S. Joe Martinez Blvd., in Pueblo West; and Nov. 2 at the Mesa County Central Library, 443 N. 6th St., in Grand Junction. The public comment hearings will begin at 4 p.m. and continue until no later than 7 p.m.

Xcel Energy’s proposal, filed in June, also includes rolling into base rates in 2019 about $93.8 million from the Pipeline System Integrity Adjustment (PSIA) that is being collected through a separate charge on customer bills.

The company is proposing to increase revenues in steps over the course of the three-year plan. If approved as filed, residential customers using 64 therms of natural gas a month would see monthly rates increase by about $2.73 (6.08 percent) in 2018; $2.19 (4.58 percent) in 2019; and $1.74 (3.49 percent) in 2020. The average small commercial customer’s bill, based on 291 therms a month, would increase $10.91 (5.67 percent) in 2018; $6.97 (3.43 percent) in 2019; and $6.95 (3.31 percent) in 2020.

Customers who wish to submit written comments about the rate proposal may send them to the PUC at 1560 Broadway, Suite 250, Denver, CO, 80202. Comments should be addressed to Docket No. 17AL- 0363G. Customers may also submit email comments to dora_puc_complaints@state.co.us; or use the on-line comment form.

The PUC is a division of the Department of Regulatory Agencies (DORA).

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About PUC

The Colorado Public Utilities Commission (PUC) serves the public interest by effectively regulating utilities and facilities so that the people of Colorado receive safe, reliable, and reasonably-priced services consistent with the economic, environmental and social values of our state.

About DORA

The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado. Consumer protection is our mission. Visit www.dora.colorado.gov for more information or call 303-894-7855/toll free 1-800-886-7675.

Media contact:
Terry Bote
Public Utilities Commission
P: 303-894-2827