Xcel Energy's second-quarter earnings increased 16 percent despite a 7 percent drop in revenue, the Minneapolis-based utility reported Thursday. Xcel said earnings increased in part due to rate increases and warmer-than-normal weather across Xcel's territory, which spans eight western and Midwestern states including Minnesota.
Former state senator Scott Jensen endorsed by GOP for governor
Jensen beat to multiple other hopefuls for the endorsement at Saturday's convention.
2 men die at the scene of shooting in north Minneapolis
Both men died at the scene.
NWS already monitoring Thursday for severe weather in MN
Monday-Wednesday should be fantastic weather in Minnesota.
Body of missing Mankato woman believed to have been found
A canoer found the body in a swamp near Eagle Lake Friday.
MN GOP endorses attorney general, secretary of state candidates
Kim Crockett was endorsed as the party's candidate for secretary of state, while Jim Schultz won the endorsement for attorney general.
Volunteer firefighter identified as man killed during Thursday storms
The Kandiyohi County Sheriff's Office confirmed that 63-year-old Ryan Erickson died when a grain bin fell on him.
Firm takes on case defending Taco Chon against Taco John's lawsuit
The local Mexican restaurant is fighting a case presented by Taco John's over naming rights, among other things.
Worker killed in skid loader accident was 23-year-old apprentice lineman
Minnesota Valley Electric Cooperative called the incident "the unthinkable."
Raging North Shore rivers overtake bridges, snap trees in half
Pedestrian bridges near the Lutsen Resort have been damaged by the vast river flow.
Stillwater teen drowned while helping save friend struggling in river
The 17-year-old was identified Friday.
Nation's first city-owned EV car share service gets official Twin Cities launch
Subscriptions cost between $0-$30 a month.
Xcel Energy's profit jumps nearly 18 percent in third-quarter
Reduced operating expenses over the summer months helped boost Xcel Energy Inc.'s third-quarter earnings, Dow Jones News reports. The Minneapolis-based utility earned $398 million, up nearly 18 percent from $338.3 million a year earlier.
Xcel Energy approved to increase electricity prices 2.7 percent
The Minnesota Public Utilities Commission unanimously approved the rate increase, but it's actually less than half what the Minneapolis-based utility originally requested. The Star Tribune reports the average residential customer will get a $30 refund because they've already been paying a higher interim rate.
Xcel Energy significantly reduces proposed rate hike
The deal still needs approval by the state Public Utilities Commission. If approved, the average Xcel residential customer would see a 2.7 percent rate increase -- or an additional $2.30 a month.
Xcel Energy sends crews to East Coast
Minneapolis-based Xcel Energy says about three-dozen crew members from Minnesota and another eight from western Wisconsin are headed to West Virginia to help rebuild electricity distribution systems destroyed by East Coast superstorm, Fox 9 reports. Roughly 6.5 million people from Maine to the Carolinas were still without power as of early Wednesday morning.
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