Xcel Energy natural gas and electric bills for its Colorado customers are expected to be slightly higher for the fourth quarter of 2025, the energy provider said in a Sept. 15 news release.

Xcel Energy sent its proposed adjustments to natural gas and electric costs to the Colorado Public Utilities Commission for approval. Xcel Energy does not profit from an increase in natural gas or electricity fuel prices, the news release said.

Under the proposed quarterly Electric Commodity Adjustment for the fourth quarter, the average Xcel residential customer is expected to see an increase of 76 cents per month, while small businesses would pay approximately $2.18 more on a typical monthly bill compared to the third quarter of 2025.

For the Gas Cost Adjustment, Xcel residential natural gas customers will see an increase of 1.27 percent, or $1.06, on their typical monthly bill compared to the third quarter of 2025. Small businesses will see an average monthly increase of 1.42 percent, or $4.89 on their typical monthly bill compared to the third quarter of 2025.

With minor exceptions, costs associated with increases or decreases through these electric and natural gas adjustments are passed along to customers on a dollar-per-dollar basis, the news release said. If approved by the Colorado Public Utilities Commission, new rates would go into effect Oct. 1 and remain in effect for three months.