Rocky Mountain Voice

Tag: Electricity Rates

PowerGab Examines the Cost of Energy Mandates as Xcel Seeks Massive Rate Hike
Complete Colorado, Approved, State

PowerGab Examines the Cost of Energy Mandates as Xcel Seeks Massive Rate Hike

By: Mike Krause | Complete Colorado In a recent episode of Independence Institute’s* PowerGab energy podcast, hosts Amy Cooke and Jake Fogleman look at Xcel Energy’s request for a massive electricity price hike in Colorado (originally $355 million, now pared down to roughly $245 million). The duo zero in on why utility bills keep rising, and how decisions made years ago are now hitting ratepayers hard. Cooke argues that rate hikes are “lagging indicators,” the result of layers of policy choices, regulatory approvals, and energy mandates dating back more than a decade. She points specifically to the Colorado Energy Plan and the decision to accelerate retirement of coal-fired power plants, with the Public Utilities Commission (PUC) prioritizing emissions red...
Colorado Consumers Push Back Against Xcel Rate Hike Proposal
CPR News, Approved, State

Colorado Consumers Push Back Against Xcel Rate Hike Proposal

By: Ishan Thakore | CPR News Xcel Energy’s proposed deal to raise average residential energy bills by nearly 6% is running into a wall of opposition from Colorado consumer and environmental groups.  The proposed residential rate increase would be among the largest ever in the state, according to the Colorado Office of the Utility Consumer Advocate (UCA), which advocates for customers and is opposed to the deal. In November, the state’s largest utility petitioned state regulators at the Public Utilities Commission to let it increase how much it charges for electricity. Xcel hadn’t requested a major price hike to its customer base rates since 2022. Last year, the company said it needed to recoup around $356 million it spent to build new renewab...
Colorado Responds To Federal Coal Extension Orders With New Emissions Requirements
The Denver Gazette, Approved, State

Colorado Responds To Federal Coal Extension Orders With New Emissions Requirements

By Scott Weiser | The Denver Gazette Gov. Jared Polis signed into law a bill in reaction to orders from the U.S. Department of Energy to keep older coal units online. The federal government’s instructions applied to Craig Unit 1 in Colorado, one of five coal units affected nationwide. The state legislation requires installation of modern pollution controls and cost reporting for any Colorado coal-fired power plants that continue operating beyond planned retirement dates. The measure, House Bill 26-1226, also directs the Public Utilities Commission to support resource planning consistent with state clean energy goals. The legislation signed June 4 targets qualifying coal units that emitted significant nitrogen oxides or sulfur dioxide in 2024. It...
Colorado Lawmakers Move To Extend Coal Plant Operations As Energy Prices Rise
E&E News, State

Colorado Lawmakers Move To Extend Coal Plant Operations As Energy Prices Rise

By Jason Plautz | E&E News A plan to postpone the retirement of the Ray Nixon Power Plant comes as Colorado wrestles with its climate targets. CLIMATEWIRE | Colorado lawmakers are poised to extend the life of a coal plant three years beyond a state-mandated retirement deadline — a backtrack that underscores Colorado's growing tension between climate goals and energy affordability. Under state law, Colorado Springs Utilities (CSU) was required to shutter the Ray Nixon Power Plant by the end of 2029, part of the state’s effort to fully move away from coal power by 2031 and run a 100 percent renewable energy grid by 2040. But the process of replacing the plant with renewable sources has proven more expensive and time-consuming than anticipated, and CSU h...
HB 26-1246: Protecting Coloradans from rising power costs and a broken system
Rocky Mountain Voice, Commentary, State, Top Stories

HB 26-1246: Protecting Coloradans from rising power costs and a broken system

By Rep. Ken DeGraaf | Guest Commentary, Rocky Mountain Voice Editor's update: House Bill 26-1246 is scheduled to be heard in the House Energy & Environment Committee today, Thursday, March 12, 2026, at 1:30 p.m. in the Old State Library. Coloradans may listen live at leg.colorado.gov/agenda/committee/202622308545820. Colorado is facing a turning point in energy policy. For years, families and businesses across our state have watched their electricity bills rise while our landscapes are increasingly carved up by massive transmission projects stretching from horizon to horizon. Forests, prairies, farms, and communities are being cut apart in the name of electrification and “grid modernization.” Meanwhile, the people paying the price are the very citizens the system is su...
Xcel Reports $903 Million Colorado Profit While Seeking Higher Electric And Gas Rates
The Colorado Sun, Approved, State

Xcel Reports $903 Million Colorado Profit While Seeking Higher Electric And Gas Rates

By Mark Jaffe | The Colorado Sun On Feb. 18, the PUC also approved 4,100 MW of new generation — a mix of wind, solar, natural gas and storage — to be fast-tracked in an effort to get federal tax credits before they expire. The proposed gas rate increase would raise gas customers’ bills by an average $7.59 to $74.41 a month to pay for safety improvements, meet rising operating and maintenance costs and provide investor returns. The electricity rate increase Xcel Energy is seeking would raise bills about 10% to $110 a month to recover infrastructure investments, operating costs and lost revenue sources. “Enough is enough. Coloradans are being crushed under the weight of gas and power bills that get bigger every year,” Sarah Tresedder, senior climate and energy o...
Colorado Regulators Approve Xcel Renewable Buildout But Warn of Rising Costs
The Colorado Sun, Approved, State

Colorado Regulators Approve Xcel Renewable Buildout But Warn of Rising Costs

By: Mark Jaffe | The Colorado Sun Colorado’s largest power provider is rushing to start before federal tax credits expire that could shave up to 50% from building expenses. Aiming to get energy generation and storage projects started before federal tax credits expire, the Colorado Public Utilities Commission on Jan. 28 approved an expedited list of 1,700 megawatts of projects for Xcel Energy. Still, the commission expressed reservations about the cost and operating efficiency of so many projects and wants more data and analysis. “It doesn’t feel right to me,” PUC Chairman Eric Blank said. “I treat customer money like my own money. … I am looking for a little certainty that we are not going to deeply regret this.” The Trump administration’s tax and spend...
Report Warns Renewable Mandates Could Cost New England Ratepayers Hundreds of Billions
Boston Herald, Approved, National

Report Warns Renewable Mandates Could Cost New England Ratepayers Hundreds of Billions

By Tim Dunn | Boston Herald The study found Bay State ratepayers would bear the highest costs in New England for renewable energy plans. A new study has found that New England ratepayers would save an estimated $400-$700 billion by replacing planned offshore wind and solar projects in the region with natural gas and nuclear power. The study, Alternatives to New England’s Energy Affordability Crisis, estimated the economic effects of meeting the region’s energy needs through 2050 with nuclear and natural gas plants, modeling the cost of energy portfolios in the six New England states to reflect the result of decarbonization plans in the Independent System Operator of New England (ISO-NE). “New Englanders are being asked to bankroll an energy experiment tha...
Study Shows Electricity Costs Rising Fastest in States Pushing Green Mandates
Just The News, Approved, National

Study Shows Electricity Costs Rising Fastest in States Pushing Green Mandates

By Kevin Killough | Just The News As Trump kicks off his affordability tour, new analyses show that states with renewable energy mandates have higher electricity rates than states without. President Donald Trump kicked off an affordability tour in Pennsylvania on Tuesday, and among the concerns he’s discussing at the events is the cost of energy.  It’s a big concern for Americans. A recent poll conducted by Ipsos, a marketing research and consulting firm, found that 73% of U.S. residents were concerned about increases in their electricity and gas bills this year.  A new analysis by Always On Energy Research and the Institute for Energy Research shows that residents of blue states see higher electricit...

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