Xcel paying power producers to take excess electricity?
[vc_row][vc_column][vc_column_text]I’ve documented that Xcel Energy has excess electricity generation capacity. I just didn’t realize how much. According to a source close to an electricity wholesaler and generator, “Right now they can buy power cheaper than they can make it. A week or two ago Excel [sic] was paying us $18 a MW to buy power from […]
Irresponsible by ratepayers: Is Xcel floating legislation for mandated CO version of CPP?
If it’s devious and being done behind closed doors, it must be Xcel Energy. Late Friday, two reliable sources independently sent me a copy of what appears to be draft legislation that the monopoly investor-owned utility is quietly shopping around the Gold Dome, in search of a sponsor. Xcel’s name isn’t anywhere on the draft, […]
Ratepayer Coalition opposes Xcel Energy’s proposed settlement on Rush Creek
Xcel Energy announced that the company reached a settlement with multiple intervening parties on the Rush Creek Wind Farm. Xcel needed the settlement to keep on its already greatly compressed time line as the Denver Post reported on September 6, “The settlement between Xcel Energy and multiple parties heads off three days of hearings before the Colorado Public […]
Not much BTU for the buck
Congressman Cory Gardner was on my radio show this morning defending his plan to first extend and then phase out the production tax credit (PTC) for wind energy. My colleague Michael Sandoval and I are on record as opposing the PTC, and all other energy subsidies. Now we have additional evidence that renewables are so […]
Why should Americans pay for Colorado’s green fantasies?
Greeley Tribune reporter Nate Miller interviewed me as the voice of opposition about the wind “Production Tax Credit” (PTC). Miller does a good job of presenting both sides of the argument: Supporters of the wind production tax credit, which began in 1992, contend failure to extend it will result in layoffs for workers from good, […]
Why should Americans pay for Colorado's green fantasies?
Greeley Tribune reporter Nate Miller interviewed me as the voice of opposition about the wind “Production Tax Credit” (PTC). Miller does a good job of presenting both sides of the argument: Supporters of the wind production tax credit, which began in 1992, contend failure to extend it will result in layoffs for workers from good, […]
Two decades is long enough for wind tax credit
If we had our way, there would be no tax subsidies of any kind for any energy resource. Since the wind production tax credit (PTC) is what’s currently being debated in Congress and on editorial pages across Colorado, we’ll address it. Below is our column that appeared originally in the Pueblo Chieftain on Sunday, March […]
