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Xcel Makes Request To Lower Rates

DENVER (CBS4) - Xcel Energy is asking the state to allow it to lower rates for electricity starting next month.

Xcel is requesting a 10 percent cut in residential electric bills because of the end of summertime tiered rates and an expected decrease in future fuel and energy costs.

Business customers would see a two percent drop.

Xcel is also asking for a one percent cut in natural gas prices starting next month.

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