Posted inBusiness, Climate, Energy, Environment, News

Xcel Energy needs a smarter, greener electric grid. But should Colorado customers foot the $344 million bill for it?

Xcel Energy is pushing for a record $344 million rate increase it says it needs to build a smarter, greener electric grid. But consumer advocates and state regulators are pushing back over the price tag. A major concern is that along with an earlier rate increase and other pending requests since the start of 2020, […]

Posted inBusiness, Climate, Energy, Environment, News

If you’re an Xcel Energy customer, you’re getting a “smart meter” that will charge more for electricity used during peak periods

It took Xcel Energy project manager Wade Cruser a little less than three minutes to pop the old electric meter off the side of a Littleton home and slap on the future of electricity use and billing for utility’s Colorado customers — a “smart meter.” These meters read household energy use in real-time and report […]

Posted inBusiness, Energy, Growth, News

Want cheaper electricity? Xcel Energy wants to help — if you’re willing to do your laundry at 2 a.m.

Lisa Ferreira’s hot tub became a little less hot and her washing machine a little more nocturnal when she and her husband tested out the new electricity rates that Xcel Energy now wants to extend to all 1.2 million of its residential customers in Colorado.  Ferreira and her husband were part of Xcel Energy’s two-year […]

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

Xcel wants to hike your electricity bill to cover the cost of new customers, prevent wildfires and boost returns

Xcel Energy, Colorado’s largest utility, is asking regulators to sign off the its first electricity rate hike in five years — one that would allow the company to increase its profit margins and pay for the cost of increased wildfire mitigation and the state’s explosive growth. If approved by the Public Utilities Commission, the increase […]