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United States : Xcel Energy files for quarterly electricity, natural gas prices in Colorado

June 18, 2014

Xcel Energy will see slightly higher electricity and natural gas bills for the second quarter of 2014, an outcome of higher than anticipated natural gas prices that resulted from colder than expected weather for the first quarter of this year.

If approved by the Colorado Public Utilities Commission (CPUC), the Electric Commodity Adjustment (ECA) will result in a bill increase of approximately 4.5 percent for residential and small-business customers, when compared to bills for the first quarter of 2014.

Also pending before the CPUC is the company s quarterly Gas Cost Adjustment (GCA). Bills are expected to be higher by about $4.73 per month for the average residential customer and $24.46 per month for the average small commercial customer when compared to the second quarter of 2013 (natural gas bills are compared on an annual basis to reflect seasonal use).

With minor exceptions, costs associated with increases or decreases through the ECA and GCA are passed along to customers on a dollar-per-dollar basis. If approved by the CPUC, new rates would go into effect April 1, 2014 and would remain in effect for the next three months.

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Source: TendersInfo (India)

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