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 […]

Posted inBusiness, Economy, News

Colorado’s big electric users could get a 30% discount on power under Xcel Energy’s incentive plan

Xcel Energy got the greenlight Wednesday to create an electricity discount as an economic development incentive for companies expanding in or moving to Colorado, even though state regulators were troubled by what they saw as problems in the plan. The discounts — aimed at companies sensitive to electric prices, range from 30% a year for […]

Posted inClimate, Economy, Energy, News

February storm eats up much of Cripple Creek schools’ energy budget for an entire year

  Tammy Bruntz had a sum in mind just before she opened her monthly email from Wolf Creek Energy detailing the February energy bill for her Cripple Creek-Victor School District.  The figure in her head was about $6,500, a typical midwinter bill for the district in the mountains west of Colorado Springs, and roughly what […]