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Article Summary
- Xcel Energy reported an increase in profits due to investments in natural gas, solar, and wind projects.
- The company plans to continue investing in renewable energy sources to meet customer demands.
- Rate increases for customers are expected in order to fund these investments.
- Xcel Energy aims to reduce carbon emissions and transition to cleaner energy sources.
- The article has a neutral tone, focusing on the financial and environmental implications of Xcel Energy's investments.
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Opinion: The More Xcel Builds, The More We Pay.It Doesnt Have To Be This Way.
Xcel is planning to add about $22 billion of capital investments in Colorado and that customer rates will increase up to 2.5% per year.
https://www.denverpost.com/2024/12/03/xcel-profit-...
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