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Xcel Urges Coloradans To Shift Power Use During Summer Peak Hours
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DENVER7, Approved, State

Xcel Urges Coloradans To Shift Power Use During Summer Peak Hours

By: Ethan Carlson | Denver7 Xcel Energy's "Energy Action Days" ask customers to reduce usage between 4 and 8 p.m. on hot days, but some customers say the timing is inconvenient. DENVER – Xcel Energy customers in Colorado may have noticed text messages recently asking them to reduce their energy use during certain hours of the day. The utility calls these "Energy Action Days" - requests for customers to cut back on energy consumption between 4 and 8 p.m. when temperatures climb above 90 degrees, along with a variety of other grid conditions. Customers who do not reduce their usage during those hours will pay more for their energy, as part of Xcel’s Time of Use pricing policy. Andrew Holder, Xcel Energy Colorado's director of community relations, ...
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Colorado Faces Growing Concerns Over Grid Reliability and Energy Costs
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Complete Colorado, Approved, State

Colorado Faces Growing Concerns Over Grid Reliability and Energy Costs

By Mike Krause | Complete Colorado In a recent episode of Independence Institute’s* PowerGab energy podcast, hosts Amy Cooke and Jake Fogleman look at the mounting consequences of Colorado’s forced energy transition to renewables, focusing on recent warning from Xcel Energy before the Colorado Public Utilities Commission (PUC) that the state could face a significant power generation shortfall beginning next summer, increasing the risk of rolling blackouts. Cooke and Fogleman contend that regulators have prioritized emissions reductions while giving short shrift to the costs and reliability challenges of replacing dispatchable generation with renewable energy and battery storage. READ THE FULL ARTICLE AT COMPLETE COLORADO
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Xcel says it has no affordability crisis. Its customers and regulatory filings tell another story.
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Rocky Mountain Voice, State, Top Stories

Xcel says it has no affordability crisis. Its customers and regulatory filings tell another story.

By Jen Schumann | Rocky Mountain Voice Every week, Carlos H. sits down with his bills and works out what his family can go without. Some weeks it is dinner. “I just opt out to say, hey, okay, maybe won’t be cooking up something tonight, so we can just make ends meet,” the Denver father said. Some weeks it is gas—a quarter tank instead of a full one, and the math of whether that gets him to the next payday. He has a 14-year-old daughter and a baby due in February. His electric bill runs $120 to $150 a month. A proposed Xcel settlement could push it higher. “We don’t have an affordability crisis,” Robert Kenney, president of Xcel Energy Colorado, told the House Energy and Environment Committee on April 23, arguing against a proposal to give regulators more power over how util...
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Utilities Push Record $9.2 Billion In New Rate Increases During Second Quarter
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The Denver Gazette, Approved, National

Utilities Push Record $9.2 Billion In New Rate Increases During Second Quarter

By Scott Weiser | The Denver Gazette Colorado had no requests last quarter Electric and gas utilities sought a record $9.2 billion in rate increases nationwide during the second quarter, according to a new analysis by the consumer advocacy organization PowerLines, as utilities continue seeking billions for grid upgrades, reliability improvements and growing electricity demand. The filings would affect more than 56 million customers and push this year’s total requested rate increases to $18.6 billion, the consumer advocacy group said. Colorado was largely absent from the report’s tally of second-quarter rate requests because Xcel Energy’s major electric rate case was already pending before the Colorado Public Utilities Commission. The utility originally so...
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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 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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