Posted inBusiness, Climate, Energy, Environment, News

Cost of wholesale electricity nearly doubled for Colorado co-op suing Xcel Energy, its partner in Comanche 3

A suburban Front Range electric cooperative is suing Xcel Energy, seeking millions of dollars for breach of contract and mismanagement of the Comanche 3 power plant, of which the two companies share ownership.  CORE Electric Cooperative is seeking damages for repairs to the damaged plant it was forced to pay for and for the extra […]

Posted inClimate, Energy, Environment, News, Wildfire

Xcel Energy looks to avoid Colorado wildfires — and PG&E’s fate — and wants customers to pay for it

Xcel Energy wants to charge its Colorado customers $589.7 million during the next five years to reduce their risk of causing wildfires, but consumer advocates aren’t buying it.  Xcel’s subsidiary, Public Service Company of Colorado, has cited the catastrophic wildfires in California started by Pacific Gas and Electric as motivation for the proposal. Xcel, which […]