Posted inBusiness, Climate, Economy, Energy, Environment, News, Politics and Government

Closing all of Xcel’s coal-fired power plants will cost Colorado consumers $1.4 billion

The price tag for Xcel Energy closing all its Colorado coal-fired plants will be $1.4 billion spread over decades — a sum that will be paid exclusively by the utility’s residential and commercial customers. The closure estimates and their financing are part of the $8 billion electric resource and clean energy plan submitted last month […]

Posted inBusiness, Climate, Energy, Environment, News

Xcel plans to double its renewable energy generation by 2030. It’ll cost consumers $8 billion to do it.

Xcel Energy will spend $8 billion to double its renewable energy generation and storage and add new transmission lines, while closing all of its coal-fired power plants in Colorado by 2040. The initiative, unveiled Wednesday, would reduce Xcel’s carbon emissions in Colorado 85% from 2005 levels by 2030. A state law requires regulated utilities to […]

Posted inBusiness, Climate, Energy, Environment, News, Politics and Government

Ambitious plan to reduce CO2 emissions still leaves Tri-State getting 23% of electricity from coal plants

Tri-State Generation and Transmission Association – Colorado’s second largest electricity provider – has proposed a $21 billion plan to wean itself from a heavy reliance on coal-fired power and move to renewable energy. The plan would reduce Tri-State’s carbon dioxide emissions by 80% from 2005 levels by 2030 – meeting a state greenhouse gas reduction […]

Posted inBusiness, Energy, Environment, News, Politics and Government

Tri-State increases the amount of greenhouse gases it will cut in Colorado by adding wind and solar generation

Colorado’s second biggest electricity provider – Tri-State Generation and Transmission Association – upped its goal for reducing its greenhouse gas emissions to an 80% cut by 2030 – putting itself in line with other utilities in the state. Tri-State’s original 70% target for cutting carbon dioxide emissions had lagged other Colorado utilities, such as Xcel […]