DENVER

Xcel Energy Unlikely To Face Resistance From State Over Executive Spending

03/18/2010 05:12 am ET | Updated May 25, 2011

Consumer advocates who want the Colorado Public Utilities Commission to establish a firm policy cracking down on Xcel Energy charging ratepayers for lavish board retreats and travel and entertainment expenses likely won't get their wish anytime soon, according to a commission spokesman.

The PUC is set to begin final deliberations on Xcel's latest rate-increase request -- its second in the last year -- on Dec. 3, but PUC spokesman Terry Bote said the commissioners will probably only consider the merits the of the $136 million rate hike and not delve into rule changes for travel and entertainment expenses.

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