NATURAL GAS RATE INCREASE NOTICE NOTICE OF PUBLIC HEARINGS FOR XCEL ENERGY MINNESOTA CUSTOMERS Xcel Energy has asked the Minnesota Public Utilities Commission (MPUC) to approve an increase to natural gas rates for distribution service. The requested increase is for about 6.6 percent or $35.6 million per year. The requested increase would add about $5.12 to a typical residential customer’s monthly bill. The MPUC may either approve or deny the requested changes, and may approve a lesser or greater increase than was requested for any customer class or classes of service. The MPUC will likely make its decision on our rate request in the second quarter of 2023. If final rates are lower than interim (temporary) rates, we will refund customers the difference with interest. If final rates are higher than interim rates, we will not charge customers the difference. If you move before a refund is issued and we cannot find you, your refund may be treated as abandoned property and sent to the Min