May state legislative applications limit an Article V convention? Subject, yes; specific language, probably not
- September 12, 2013
Regarding HB 1365 (a.k.a. the Clean Air Clean Jobs Act), the big news is that Xcel has yet to make up its mind. As I noted here, the Minneapolis-based utility has the authority under HB 1365 to veto the fuel switching implementation plan chosen by the PUC on December 10. So far, Xcel has kept
READ MOREThe Hoosier State is roiling over inappropriately cozy relationships between state regulators and the utility they oversee. It started when a top lawyer for the Indiana Utility Regulatory Commission took a job with Duke Energy shortly after acting as a judge in a major rate-case before the utility. That got Governor Mitch Daniels’ attention. Then
READ MOREDespite media reports to the contrary, HB 1365 isn’t settled It has been widely reported that the book closed on the Clean Air Clean Jobs Act last Thursday, when the PUC selected an implementation plan after almost four months of deliberations, but this is untrue. In fact, there’s another chapter of this story, and the
READ MORE$8 Doesn’t anyone remember the summer of 2008 when natural gas prices spiked to $8 dollar/mmbtu? Currently, coal supplies almost 70% of Xcel’s electricity portfolio; In 2018, thanks to the Clean Air Clean Jobs Act, coal will supply less than half, while natural gas’s share will increase to more than 40%. The upshot is that
READ MOREThe PUC decided almost nothing during four hours of deliberations yesterday. The two major issues discussed were cost recovery and what to do with the 352 megawatt Cherokee 4 coal fired power plant in Adams county. Regarding cost-recovery, the debate focused on timing. Xcel wants to be paid up front for the investments required to
READ MOREJust about the time that Xcel Energy customers have recovered from the sticker shock of this summer’s air conditioner tax, ratepayers await another decision from the Public Utilities Commission on how much more their bills will increase – this time due to HB 1365, the controversial fuel-switching bill. Our paper “Colorado’s Clean Air Clean Jobs
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