The contractor that made upgrades to the Prairie Island nuclear plant said it had been stiffed by Xcel Energy, but it got $10 million less that what it said it was due.
CEO Pay Watch Xcel Energy Inc. Benjamin Fowke III, chairman, president and CEO Total compensation: $7,315,660 for the year ended Dec. 31 Salary: $1,200,000…
The overall electric rate increase is well short of earlier projections; specific rates for residential and businesses customers won't be known for weeks.
A key question is whether Xcel's customers or investors will pick up the $345 million in cost overruns. Xcel is pushing regulators to make ratepayers pay the entire cost of the Monticello upgrade.