Report suggests energy utilities like Xcel are increasing profits even as customer bills surge
Report suggests energy utilities like Xcel are increasing profits even as customer bills surge
www.cpr.org /2026/03/13/power-bills-energy-utilities-xcel-profits-colorado/
The Energy and Policy Institute — a utility watchdog group — found that energy companies are earning steadily increasing profits even as their customers’ power bills surge.
The report analyzed financial documents from 110 investor-owned utilities, the for-profit companies that serve most Americans. That includes all of Xcel Energy’s operations in eight states, including Colorado.