Posted inOpinion

Opinion: Praise for Xcel’s agreement to stop burning coal by 2031

As elected officials from different parts of the state, we are encouraged by the recent decision by Colorado’s Public Utilities Commission regarding Xcel Energy’s Electric Resource Plan. Xcel is the state’s largest electric utility, serving 1.3 million Colorado customers. Because electricity generation is Colorado’s second largest carbon-emitter after transportation, this decision will have real and […]

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

Xcel Energy cleared to collect $500 million from Coloradans for storm, but regulators say it can’t happen again

The Colorado Utilities Public Commission on Wednesday gave Xcel Energy the go-ahead to collect a half billion dollars from its customers to cover the spiraling costs of natural gas during a winter cold snap in 2021 — but the commissioners weren’t happy about it. The commission lopped an $8 million penalty off the $509 million […]

Posted inBusiness, Climate, Energy, Environment, News

Xcel Energy wants consumers to pay $1B to shut down 5 coal-fired power plants. Regulators want more study.

The Colorado Public Utilities Commission on Friday balked at approving a billion-dollar price tag to shut down Xcel Energy’s five remaining coal-fired generating units — to be paid by customers — and instead is seeking more detailed financial analysis. The proposed closing costs were part of a settlement agreement between Xcel Energy, the state’s largest […]

Posted inBusiness, Climate, Economy, Energy, Environment, News

Coloradans starting to see double-digit hikes in their gas utility bills

Colorado consumers are seeing double-digit jumps in their gas utility bills this fall as providers pass on the cost of steep natural gas inflation, and the Public Utilities Commission and consumer advocates warn that a “stack” of other add-on charges are too much for customers. Rising gas charges will push the average Xcel consumer’s cost […]

Posted inEnergy, Environment, News

Xcel Energy will drop $3 monthly pipeline fee that has raised three times the amount it was intended to collect

A $3 charge on the average Xcel Energy customer’s monthly gas bill that was added a decade ago to pay for safety upgrades largely now in place will be gone starting next year under a settlement approved by the Colorado Public Utilities Commission. The fee, known as a bill rider, has raised $610 million since […]