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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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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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