Coloradan voters voted for a 2.9% increase with their xcel energy bills. This is only about a $2.09 increase. However, the Coloradans soon found that their bills had increased by significantly more than just a measly two dollars. The raises in prices had hit a 15 year high, and people are not happy about it. Xcel energy is now making a profit of over $660 million a year! That’s over $102 million of what the company was previously making per year. The cost of natural gas for heating will go up an estimated 28%. As a harsh, cold winter hits, people begin to turn on the heat. After getting their bill, they found that it had more than doubled, rather than increasing by a mere two dollars. This can bring uproar to the people’s lives. Even those people who are financially stable, they simply can’t afford to have their bill increase by a hundred percent. This is causing increasing questions about why this has happened… and what will happen next. 

Cites: 

https://denvergazette.com/news/business/xcel-customers-likely-to-see-higher-energy-rates-as-winter-arrives/article_3702c9ea-6450-11ed-8e7e-3b5bd01cbdc5.html