What the PUC approved would have a more favorable rate than the original Xcel plan for residential and small business subscribers, though bill credits would still be less than in the current structure. Large commercial subscribers like cities and bigger business will essentially switch over the the new formula as Xcel proposed but get a slightly smaller cut in the first year of the transition. Xcel and PUC staff estimated the decision would save Xcel ratepayers between $28 million and $30 million in 2025 and between $38 million and $41 million after that — eventually adding up to more than $600 million over time. Also on Thursday, Attorney General Keith Ellison said he secured in legal settlements $85,000 for customers of four Minnesota community solar garden operators who charged early termination fees Ellison said were unlawful. The companies were FastSun Solar, Cypress Creek Renewables, Generate Capital and Global Atlantic Financial Group Limited.