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<br /> <br /> <br /> <br />City of Little Canada <br />Franchise Fee Estimate – Gas and Electric <br />May 2023 <br /> <br />The following information is being provided to assist your community in discussions regarding <br />franchise fees. Given market sensitivity to electric and gas rates, we strongly encourage <br />the city to reach out to residents and businesses regarding franchise fees. <br /> <br />• Information based on a one-year average, ending April 2023. <br />• Fee amounts are rounded to the nearest $0.25 and applied as a flat fee. <br />• The table below shows the fee that would be reflected on a customer’s monthly bill. <br />• Franchise fees must be applied equally to all energy providers. <br />• Franchise Fees are collected in lieu of any other permit fees. <br />• Xcel Energy retains no portion of a franchise fee. <br /> <br />Franchise Fee: Gas <br />Customer class Monthly Fee <br />Residential <br />Commercial Non Demand <br />Commercial Demand <br />Small Interruptible <br />Medium and Large Interruptible <br />Firm Transportation <br />Interruptible Transportation <br />Estimated Annual Revenue: TBD <br /> <br />Franchise Fee: Electric <br />Customer class Monthly Fee <br />Residential $2.75 <br />Small C&I – Non Demand $5.25 <br />Small C&I – Demand $40 <br />Large C&I $230 <br />Street Lighting $2.00 <br />Municipal Pumping $3.00 <br /> <br />Estimated Annual Revenue: $359,262 <br /> <br />Please let me know what further questions I can answer about franchise f ees and the <br />implementation process. <br /> <br />Kirstin Sersland <br />Manager, Community Relations <br />Kirsitn.M.Sersland@xcelenergy.com <br />651.458.1228