Colorado PUC Trims Xcel's Unprecedented Renewables Plan
- December 21, 2023
Last Friday, the Virginia State Corporation Commission (SCC)—a regulatory agency that, among other things, oversees the state’s utilities—imposed a strict performance standard that carries financial consequences if a proposed offshore wind project from the state’s largest utility fails to perform. This is a huge win for ratepayer accountability, and it has real implications for customers
READ MOREXcel Energy’s recently approved Colorado Energy Plan (CEP) is what the company refers to as its “Steel for Fuel” strategy. With a green light from Colorado Public Utilities Commission (PUC), the CEP is a giant capital investment program to shutter Comanche I and II generating units a decade ahead of schedule. The CEP will replace
READ MOREAfter a little due diligence, Club 20, the long-time “Voice of the Western Slope,” revised its position on Xcel Energy’s Colorado Energy Plan from “support” to “neutral” on Xcel Energy’s Colorado Energy Plan (CEP) according to a letter it sent to the Colorado Public Utilities Commission last November. Originally, the Western Slope’s premiere “coalition of counties, communities,
READ MOREXcel Energy continues to make absurd claims about its Colorado Energy Plan Corporate Enrichment Plan (CEP). The Coalition and others have debunked the cost-savings scam, but what about the economic development claims? One of our favorites is that the CEP, which will destroy 80 to 90, maybe more, good-paying jobs in Pueblo, is good economics for
READ MOREBy Brit Naas A major stipulation of Xcel’s Colorado Energy Plan (CEP) is a reduction in the utility’s coal fired generation. If the Public utilities Commission approves the plan, Xcel will close Comanche Units 1 and 2, which combined are capable of providing 660 megawatts of electricity. In compliance with the CEP, Xcel hopes to
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