From the Progress Now web site:
Xcel Energy, owner of Colorado’s largest utility, just reported a 25 percent increase in profits over the previous year. Xcel’s huge profits come at a time when customers have been reeling from skyrocketing bills all winter. Home heating bills, on average, rose 25 percent to 40 percent in Colorado during the peak winter months.
What’s worse is that two weeks ago Xcel requested an electric rate increase by 19 percent, a $209 Million overall increase on residential customer and small business bills. This morning Xcel admitted that this is likely to be the first in a series of hikes on consumers.
We need your help now in developing an unprecedented campaign to hold Xcel accountable to Colorado consumers.
Visit the web site to sign the petition OPPOSING further rate increases and even more record profits for Xcel!
http://exposexcel.com