Xcel appears to have directed its own natural gas supply to meet reserve requirements rather than generate power during 2021 storm. “It’s like someone is knocking on your door to pay a credit card bill and you are putting the money in savings.”
PUC
Posted inBusiness
Soaring utility bills send huge waves of people scrambling for help keeping heat and lights on in Colorado
More than 100,000 people have called for aid paying gas and electric bills, but the help is available only once per customer
Posted inBusiness
Xcel Energy’s ability to meet next summer’s electricity demand hangs on two Pueblo solar projects
The transition from fossil-fuel generated electricity to renewables is proving tricky for Colorado’s largest utility.
Posted inBusiness
A quarter of Colorado’s 981 orphan wells went dormant when one natural gas gathering system was shut down
Adams County was especially hard when Third Creek pipelines were dismantled because of safety concerns. Small operators walked away from 225 wells.
Posted inBusiness
December natural gas bills will jump 54% as Xcel passes a stack of price hikes on to Colorado customers
Colorado’s largest utility is passing on price hikes that will raise the average natural gas bill to $177 from $115
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, Energy, News
After long battle, 3 Colorado electric co-ops may renegotiate with Tri-State instead of leaving outright
In the jockeying for a new relationship between Tri-State Generation and Transmission Association and the rural cooperatives it supplies with electricity, three Colorado co-ops are seeking partial contracts with the power wholesaler — instead of leaving outright. Tri-State and some of its cooperatives have been battling over the association’s long-term contract, which requires members to […]
Posted inBusiness, Economy, Energy, Equity, News
Xcel Energy to raise residential electric bills by 6.4% in April, two more rate increases loom
The average electric bill for Xcel Energy’s residential customers will go up $5.24 a month — a 6.4% increase — starting in April under a $182 million rate hike approved Wednesday by the Colorado Public Utilities Commission. The PUC voted 3-0 to accept the increase, which was agreed upon in rate-case negotiations that included the […]
Posted inBusiness, Climate, Energy, Environment, News, Politics and Government
Colorado rejects Xcel Energy’s attempt to extend the life of Pueblo’s coal plant by 12 more years
An agreement that would have locked in 12 more years of life for Xcel Energy’s troubled Comanche 3 coal-fired power plant was rejected by the Colorado Public Utilities Commission on Monday. All three commissioners voiced opposition to the deal, citing concerns over the plant’s reliability, the fact that early closure might be cheaper for consumers […]
Posted inBusiness, Climate, Economy, Energy, Environment, Equity, News, Politics and Government
Xcel Energy rate hikes would raise utility bills up to $18 per month. And they’re not done yet.
Xcel Energy is seeking $950 million in natural gas and electricity rate increases that would raise the average residential utility bill $16.49 by the end of this year with the increase climbing to $18.32 by 2023. Three proposed rate hikes — one for electricity, one for natural gas and one to recoup money from a […]