Xcel natural-gas rates to rise; electric rates to decrease

DENVER — Xcel Energy customers in Colorado will see a bump up in monthly natural-gas bills during the first quarter of 2017 – similar to what is happening across the nation this winter heating season – but the increase will be partially offset by a decline in monthly electricity bills for the same period.

If approved by the CPUC, new rates would go into effect Jan. 1, to remain in effect for three months.

Based on filings made Thursday with the Colorado Public Utilities Commission, the proposed quarterly Gas Cost Adjustment would result in natural gas bills of 13 percent to 14 percent higher, when compared with the first quarter of 2016.

The proposed quarterly Electric Commodity Adjustment also filed Thursday, offsets some of the increase in natural-gas bills for combined customers of Xcel Energy. Customer bills are expected to decrease by 2 percent to3 percent, when compared with bills for the fourth quarter of 2016.