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Greg Taylor

Regulators Order Xcel Energy Refunds




Regulators are ordering Xcel Energy to issue a multi-million dollar refund to customers.


The Minnesota Public Utilities Commission's decision was made after the utility workers accidentally cut underground cables that shut down the Prairie Island nuclear plant for months.  


Xcel initially wanted customers to pick up the tab for buying alternate power while the facility was being repaired.


The PUC disagreed and instead placed the cost on Xcel shareholders.


The exact refund amount has yet to be determined. 


An administrative law judge will add up the cost of the outage and replacement power.

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