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PowerGab Examines the Cost of Energy Mandates as Xcel Seeks Massive Rate Hike
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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...
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Colorado Seniors Feel Heat as Xcel Seeks Double-Digit Rate Increase
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DENVER7, Approved, State

Colorado Seniors Feel Heat as Xcel Seeks Double-Digit Rate Increase

By: Maggie Bryan | Denver7 Xcel Energy is proposing electric and gas rate increases that would raise the average customer's bill by about 10% as early as August. DENVER — Some Coloradans are facing tough decisions as they try to stay cool during this week's heat wave, especially those on fixed incomes. Jimmy Cano and his wife, who live in Aurora, received a free portable air conditioning unit Tuesday night thanks to local nonprofit Bright Leaf, an organization that provides food assistance and other resources for seniors in the City and County of Denver. "Usually right at this time, I would probably be sitting here dripping sweat," Cano said. He said the portable AC unit has been a game changer for them as their home does not have a central AC system. B...
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Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher
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The Denver Gazette, Approved, Local

Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher

By Bernadette Berdychowski | The Denver Gazette The Denver-Aurora-Lakewood metro area recorded a 5% rise in prices in the last year, according to federal data released Wednesday for the month of May from the Bureau of Labor Statistics, the highest level seen since 2023.Denver is trending higher than the national annual average of 4.2%.Denver’s inflation was the second-highest among 12 metropolitan regions in the nation after Urban Hawaii in May, according to the BLS. The federal agency tracks inflation across 23 cities. Data from the three biggest cities — New York, Los Angeles and Chicago — are released monthly. Meanwhile, the federal agency releases data from the rest of the cities like Denver every other month. A surge in prices following the pandemic pushed inflation t...
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Colorado Consumers Push Back Against Xcel Rate Hike Proposal
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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...
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Xcel Customers Face Largest Electric Rate Hike In Colorado History
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The Colorado Sun, Approved, State

Xcel Customers Face Largest Electric Rate Hike In Colorado History

By Mark Jaffe | The Colorado Sun The $225 million increase would raise the average residential bill by $6.13, but the proposed rate needs PUC approval and consumer advocates oppose it. Xcel Energy, its corporate customers and unions are at odds with consumer advocates over a proposed settlement that would grant the utility the largest electric rate increase ever — $225 million. The proposed agreement between Xcel Energy and parties including the Colorado Public Utilities Commission staff, the International Brotherhood of Electric Workers, Walmart and Climax Molybdenum would raise the average household bill by $6.13 to $110.81 a month — a nearly 6% increase. Colorado Energy Consumers, which represents large industrial and commercial customers, also signed on to...
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Rural Colorado Communities Back Iran Strategy Even As Gas Prices Climb
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Pikes Peak Courier, Approved, State

Rural Colorado Communities Back Iran Strategy Even As Gas Prices Climb

By Reuters | Pike's Peak Courier WIGGINS, Colo. • Perched behind the cash register at Stubs liquor store, Amy Van Duyn gazed out the window at a red-and-green gasoline price sign, which she said seemed to tick up daily. The price was $4.34 per gallon — about 50% higher than it was in these parts when President Donald Trump returned to the White House last year. “I used to fill my tank for $36,” said Van Duyn, 42. “Now $36 gets me half a tank.” Her co-worker Tonyah Bruyette said when it’s time to buy groceries, she’s left wondering where all her money went: “We’re putting it in the tank rather than on our table.” Like most people in and around Wiggins, a farming town of 1,400 people in northeast Colorado, Van Duyn and Bruyette remain ardent supporters of t...
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Farmers Ranchers And Fuel Costs Drive Debate In Colorado Congressional Race
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Vail Daily, Approved, Local

Farmers Ranchers And Fuel Costs Drive Debate In Colorado Congressional Race

By David O. Williams | Vail Daily Republican Ron Hanks, a former state lawmaker and U.S. Air Force intelligence officer, told the Vail Daily in a recent email interview that this year’s race for the 3rd Congressional District seat that includes part of Eagle County is all about accountability — a quality he says incumbent Republican Jeff Hurd severely lacks. “Hurd has not been responsive to the district, has taken unpopular positions, and has not stood up to take accountability for his actions,” said Hanks, who successfully landed on the June 30 primary ballot by virtue of a voice vote at the GOP Assembly in Pueblo last month. Hanks, who unsuccessfully challenged Hurd in the 2024 primary, got the required 30% or more of the delegates at the assembly, whi...
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Colorado Lawmakers Move To Extend Coal Plant Operations As Energy Prices Rise
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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...
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Colorado Energy Fight Intensifies With New Ballot Measures Targeting Oil And Gas
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Colorado Politics, Approved, State

Colorado Energy Fight Intensifies With New Ballot Measures Targeting Oil And Gas

By Marissa Ventrelli | Colorado Politics A group has introduced four ballot measures it says are meant to counter an initiative that aims to enshrine Colorado businesses and consumers’ right to purchase and sell natural gas in the state’s constitution. Filed with the Secretary of State’s Office today, Conservation Colorado’s measures would do the following: Establishing statutory liability for oil and gas companies operating in Colorado found to have damaged the state’s air, water, land or communities Establishing joint and several liability for current and past oil and gas operators and producers if found responsible for damage to the environment or a community Prohibiting oil and gas distributors from requiring customers to pay for pipeline extensions or decom...
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Atmos Energy Seeks Biggest Gas Rate Hike In 25 Years For Colorado Customers
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The Herald Times, Approved, State

Atmos Energy Seeks Biggest Gas Rate Hike In 25 Years For Colorado Customers

By Special to the Herald Times | The Herald Times Public Utilities Commission urging customers to share their perspectives on the proposal. RBC | According to a press release from the Colorado Public Utilities Commission (PUC), Atmos Energy Corp. has filed an application proposing a 28% average increase to the “base rate” portion of monthly natural gas bills for its Colorado customers. The proposed hike is the largest single increase in the company’s base rates in the last 25 years and would boost Atmos’s annual “base rate” revenues by approximately $17.56 million. Atmos states the additional revenues are sought to increase profits for shareholders (known as “Return on Equity,” or ROE) and to recover the cost of infrastructure investments made since ...
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