Xcel Energy asks for two rate hikes in Colorado; some customers say they're fed up [CBS News]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: CBS News
to cover the cost of building and maintaining infrastructure, but some people say enough is enough. That's why a small group of protestors showed up to Xcel's downtown Denver offices to voice their frustration with the utility company. "They're not really here to give us a public service, even though that's their legal name in Colorado, their real reason for being is to make money for their shareholders," said Heidi Leathwood. Xcel Energy recorded $2.24 billion in profits in 2025, according to the company's annual earnings report. Frustrated customers said Thursday that they think that's plenty of money to cover the cost of infrastructure improvements Xcel Energy says they need without overburdening Coloradans with more rate increases "That's just egregious that profits are going up and up. Ratepayers can't afford these rates, and yet they have two rate increase requests on the docket right now with the Public Utilities Commission," said Leathwood. "The way they make their money
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XEL
Earnings
- 2/5/26 - Miss
XEL
Sec Filings
- 2/27/26 - Form 424B2
- 2/26/26 - Form 4
- 2/26/26 - Form 4
- XEL's page on the SEC website