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Colorado PUC Cuts Xcel Energy Natural Gas Rate Increase Request

Xcel Energy logoXcel Energy
Sig4.15Sen-2.35Env+0.60Soc+2.85Gov+1.95

The Colorado Public Utilities Commission issued a final decision Sept. 4, 2026, reducing Xcel Energy’s proposed natural gas rate increase via an approved settlement. The annual revenue increase was lowered to $122.7 million from $190 million, with residential rates rising 8.6% ($5.16/month) and small business rates 9.2% ($22.76/month). A $5 million shareholder-funded Gas Affordability Program is also approved, with new rates taking effect Oct. 6.

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