Xcel and CORE say the fight over which company is responsible for fixing the troubled Comanche 3 plant and the cost of buying power on the open market isn’t done
Public Service Company of Colorado
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 inOpinion Columns
Opinion: To stabilize home energy prices, let’s shift to multi-year rate plans
With the global energy market in turmoil, setting new rates every year is more expensive and volatile for consumers.
Posted inEnergy
Xcel Energy ends controversial plan for Unaweep Canyon hydropower project
The move comes a day after Colorado’s largest electric company received federal permission to study the $1.6B project
Posted inEnergy
Xcel Energy’s controversial Unaweep Canyon pumped-storage hydro project gets preliminary federal permit
The Federal Energy Regulatory Commission has accepted Xcel’s application for a preliminary permit to study a massive hydropower project in Unaweep Canyon, where residents are promising a fight.
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 […]