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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 […]