Tag: Xcel Energy

As Customers Struggled, Utility CEOs’ Pay Spiked Last Year

While many Americans saw their energy bills go up substantially in the past year, investor-owned electric and gas utilities and the country’s largest publicly owned utility paid their CEOs over...

/ July 18, 2024

Wisconsin utilities file for rate, profit hikes after Republicans ousted Huebner from PSC

A trio of Wisconsin utilities owned by WEC Energy Group is pushing to raise rates after Republican lawmakers ousted state utility regulator Tyler Huebner.

/ June 7, 2024

Xcel-funded group urges Minnesota regulators to increase profits for Xcel

Minnesota Utility Investors, a shareholder advocacy group, joins Xcel in pushing for PUC to reconsider rate case decision

/ July 9, 2023

Utility CEOs received $3.2 billion in executive compensation from 2017 – 2022

Investor-owned electric and gas utilities paid their CEOs $3.2 billion between 2017 and 2022, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 57 companies...

/ July 5, 2023
Colorado Senators Fenberg and Cutter pass the Utility Regulation Act

Colorado law prohibits utilities from spending ratepayer money on politics

A new law in Colorado prohibits investor-owned utility companies from using ratepayer money to fund trade associations, promotional advertising, certain kinds of lobbying, and other political influence activities. The Colorado...

/ May 8, 2023
American Gas Association presentation

New bill aims to stop Colorado utilities from spending ratepayer money on politics

A new bill in Colorado would stop investor-owned utility companies from using ratepayer money to fund lobbying, trade associations, promotional advertising, and other political influence efforts.  Colorado Senate President Steve...

/ April 20, 2023

Xcel pushing measure that has raised gas bills in Minnesota, scrapped in other states

Xcel Energy is fighting the scheduled sunset of a Minnesota law that enables utilities to charge customers hundreds of millions of dollars for fossil gas infrastructure upgrades without standard regulatory...

/ April 18, 2023
A photograph of three parallel sets of electrical transmission lines.

Getting Politics Out of Utility Bills

How policymakers can protect customers from being forced to fund utilities’ political machines

/ January 26, 2023

Utility CEOs received $2.7 billion in executive compensation from 2017 – 2021

Investor-owned electric and gas utilities paid their CEOs $2.7 billion between 2017 and 2021, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 58 companies...

/ January 8, 2023

Xcel Energy is recruiting Minnesota cities to thwart governor’s clean energy agenda

The Carbon-Free Future MN Coalition is part of Xcel’s lobbying campaign against carbon-free electricity by 2040

/ November 17, 2022