![]() The PUC is also reviewing rate increase proposals from CenterPoint Energy and Xcel Energy. The PUC will use its regulatory authority to determine if the decisions made by utilities during the storm were reasonable and what money the utilities spent can be recovered, meaning added on to utility ratepayers’ bills. The State’s on-going investigation focuses on four natural gas utilities regulated by the PUC: CenterPoint Energy, Great Plains Natural Gas Co., Minnesota Energy Resources Corporation (MERC), and Xcel Energy. Immediately following the storm, the PUC held a special planning meeting on Februand ordered an investigation into whether the decisions utilities made about gas prices were reasonable. During Winter Storm Uri, the price of natural gas went up significantly between February 12 and February 17, 2021.
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