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In a controversial decision, the Minnesota Public Utility Regulation Board has approved a rate increase for Xcel Energy, the largest utility provider in the state. The board's decision, which was announced on Thursday, has sparked outrage among consumers and consumer advocacy groups.The rate increase, which is set to go into effect on January 1st, 2026, will see an average increase of 8% on residential customers' monthly bills. This means that the average household will see their monthly utility bill increase by around $10-15 per month.Xcel Energy defended the rate increase, citing rising operating costs and the need for infrastructure upgrades to accommodate the state's growing population and increasing demand for electricity. The company also pointed out that the rate increase is necessary to maintain reliable service and ensure that they can continue to provide electricity to their customers.However, consumer advocacy groups have criticized the board's decision, arguing that the rate increase will place an undue burden on low-income households and those living on fixed incomes. They have called for more transparency and accountability in the regulatory process, as well as increased oversight of utility providers to ensure that rate increases are justified and necessary.In response to the backlash, the Public Utility Regulation Board has stated that they carefully considered all factors before approving the rate increase and that they are confident it is in the best interest of consumers and the state as a whole. They have also emphasized the importance of balancing the needs of utility providers with the concerns of consumers, and have pledged to continue monitoring the situation to ensure that rates remain fair and equitable.Overall, the approval of the rate increase for Xcel Energy has generated significant controversy and debate in Minnesota. As residents brace themselves for higher utility bills in the new year, the fight for affordable and reliable electricity continues to be a pressing issue in the state.