1.0Independence Institutehttps://i2i.orgEnergy & Environmental Policyhttps://i2i.org/author/energy/Rate increase request exposes hypocrisy of tiered rates - Independence Instituterich600338<blockquote class="wp-embedded-content" data-secret="sW53x17Sev"><a href="https://i2i.org/rate-increase-request-exposes-hypocrisy-of-tiered-rates/">Rate increase request exposes hypocrisy of tiered rates</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://i2i.org/rate-increase-request-exposes-hypocrisy-of-tiered-rates/embed/#?secret=sW53x17Sev" width="600" height="338" title="“Rate increase request exposes hypocrisy of tiered rates” — Independence Institute" data-secret="sW53x17Sev" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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Xcel Energy’s recently denied $142 million interim rate increase request exposes the hypocrisy of tiered rates, which were implemented out of fear that high demand would require the building of additional power plants. Yet, more than 37 percent or $52.6 million of Xcel’s request was to cover the cost of excess capacity. In other words,https://i2i.org/wp-content/uploads/2015/01/i2i_building_facebook_1200x630.jpg1200630