Rocky Mountain Voice

Tag: Electricity Rates

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...