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.”
Winter Storm Uri
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
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, 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 […]