Warmer winter brings 10% fall-off in Xcel earnings

  • Article by: DAVID SHAFFER , Star Tribune
  • Updated: April 26, 2012 - 10:45 PM

Utility says it will manage costs to offset decline in revenue.

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ChasmannApr. 26, 1210:47 AM

Watch for the rate increase request.

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jcinmnApr. 26, 1210:55 PM

Maybe they'll ground the private jet as a cost saving measure? I doubt it. They need that board member from Denver because a Minnesotan just will not do!

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suzukisvApr. 26, 1211:02 PM

Al I can say is, good. Public Utilities should not be a for-profit scheme. All public utilities (where we don't have any choice but to use them) should be cooperative systems wholly owned by the public.

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richieswensonApr. 27, 1212:32 PM

How odd. My electric and gas utilities claim to not make a cent on the energy; supposedly they pass along wholesale costs and make their money on the delivery/support fees. In such a scenario would quantity of energy sold matter that much?

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