Xcel Colorado customers’ bills to increase as PUC backs recovery of $500M in storm costs
State regulators voted Wednesday to allow Xcel Energy-Colorado to recover hundreds of millions of dollars from customers for costs from a 2021 winter storm, but knocked $8 million from the $508 million sought after criticizing the utility’s actions before and during the frigid weather.
Xcel Energy customers will eventually see a temporary rider on their monthly electric and natural gas bills to pay for the costs.
The costs stem from a February 2021 storm that brought record cold temperatures and soaring natural gas prices…