xcel

Primer on Colorado’s Solar Mess 0
- March 1, 2011
On February 16, Xcel filed a request with the Public Utilities Commission (PUC) to reduce its Solar*Rewards payment, a subsidy for on-site solar photovoltaic installations, from $2.35/watt installed electricity generating capacity, to $1.25/watt. The next day, Xcel suspended the program, pending the PUC’s decision on its request. Last Friday, solar industry supporters descended on the
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Xcel getting even fatter off Colorado ratepayers 0
- January 28, 2011
Xcel Energy just announced its 2010 earnings and the Minnesota based energy company did very well this year: We had another very successful year in 2010, said Richard C. Kelly, chairman and chief executive officer. We delivered earnings in the upper half of our guidance range. This represents the sixth consecutive year in which we
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Smart Grid City: Suddenly, the PUC Cares about Costs?0
- January 11, 2011
The PUC has finally ruled on Xcel’s cost-recovery for the Boulder Smart Grid City (SGC). Before we get to that, here’s a timeline of the SGC, for background: January 2008: Xcel announced it was looking for a city of 100,000 in its eight-state territory as a test bed for smart grid. March 2008: Xcel chooses
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HB 1365 Update: The Appeals Are in…and Everyone Objects to the PUC’s Decision 0
- January 7, 2011
This week was the deadline to appeal the PUC’s decision on a HB 1365 implementation plan, and judging by the briefs, no one is satisfied that the PUC’s decision passes legal muster. Here’s a roundup of who argued what, along with links to the appeals: Xcel alleges that the PUC’s decision “fails to put into
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Xcel getting fat off Colorado ratepayers 0
- December 31, 2010
The cost of the New Energy Economy is just being felt by Colorado ratepayers and enjoyed by Minnesota-based Xcel Energy as proved by the chart below, which is based on the energy company’s third quarter earnings report. But first a few facts about the economics of utility companies: Investor-owned utilities such as Xcel Energy operate
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Don’t Let the PUC Hide the Cost of HB 1365 0
- December 28, 2010
“I have a moderate proposal” was how PUC Chairman Ron Binz introduced his interpretation of cost recovery provisions in HB 1365, the Clean Air Clean Jobs Act, legislation that effectively mandates fuel switching from coal to natural gas for almost 1,000 megawatts of base-load electricity generation along the Front Range. It was a very important
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