Xcel winter forecast: Heating bills to be slightly lower

DENVER BUSINESS JOURNAL - Coloradans can expect their heating bills during the fourth quarter to be slightly lower compared to last year’s final quarter, Xcel Energy Inc. said Thursday.

Xcel (NYSE: XEL) is Colorado’s largest utility and supplies electricity and natural gas to about 70 percent of the state’s population. The utility routinely adjusts its prices for electricity and natural gas every quarter to reflect changes in commodity prices.

Xcel said Thursday that heating bills are expected to be about 1 percent lower during the last three months of the year compared to the fourth quarter of 2015.

“The bills will be slightly lower than last year, all things being equal,” Xcel spokesman Mark Stutz said.

Read more at the Denver Business Journal: http://bit.ly/2cRQc6I

(© 2016 American City Business Journals. All rights reserved.)


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