Our existing natural gas system, working together with newer solutions, is how we will reach our 2050 net-zero carbon energy vision.
Colorado Public Utilities Commission
Posted inBusiness
Xcel will raise electric bills again next month. A quarter of the hike will cover closing coal-fired power plants.
The utility’s 1.6 million Colorado customers will see their bills rise 4.4% — about $4 on the average residential bill — on Sept. 1
Posted inWater
Early closure of Pueblo coal plant could force Xcel customers to pay up to $89M for water it doesn’t need
Customers of the state’s largest utility also are responsible for debt service on $27 million spent on never used southeastern Colorado ditch rights
Posted inBusiness
Xcel must cut emissions from its gas business 22% by 2030. The role heat pumps can play is a point of dispute.
Environmental groups say heat pumps can get most of the emissions out. Xcel paid for a study that begs to differ.
Posted inBusiness
As Colorado’s electric vehicle charging infrastructure grows, the question remains: Who will pay for it?
Private companies are already making major investments in EV charging. But should monopoly utilities, like Xcel, support them or build their own?
Posted inBusiness
Xcel Energy seeks $45M rate increase — down from $312M — amid consumer outrage over rising bills
The state’s largest utility slashed its request by 85%, but consumer advocates are troubled Xcel wants to tack shareholder returns, lawyer fees, employee bonuses onto customer bills
Posted inBusiness
Xcel Energy makes money building power plants. The more it builds the more consumers have to pay — with no end in sight.
While the strategy delivers returns to investors, a cascade of rate increases could lead to “a public backlash” a credit agency warns.
Posted inEnergy
Xcel may have to refund connection fees for Colorado homeowners whose solar projects were delayed
Backlog of getting home systems linked to the grid reached a peak in January. Xcel says it’s catching up but also blames developers.
Posted inEnergy
PUC responds to Polis’ call for utility relief: “We certainly don’t have all the answers now”
The regulatory body, which reports to the governor, said that it’ll try to move forward on fixing a system that’s put many Coloradans in financial distress with sky-high utility bills this winter
Posted inBusiness
K.P. Kauffman asks for more time to clean up troubled oil and gas wells. Colorado regulators are out of patience.
KPK says it will be in better financial condition if it sells northeastern Colorado wells to a company proposing to use them for a carbon capture project.