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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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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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Northern Colorado Leaders Warn Power Shortage Could Slow Growth
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CBS Colorado, Approved, Local

Northern Colorado Leaders Warn Power Shortage Could Slow Growth

By: Dillon Thomas | CBS Colorado Rapid growth across parts of Northern Colorado is colliding with a growing challenge — being able to access enough electricity to support new homes and businesses. Local leaders in Greeley say demand for power has increased significantly in recent decades. This is as technology becomes more integrated into everyday life, and it creates pressure on an electric grid that is struggling to keep pace with population growth and development. "We are growing pretty rapidly," said Don Threewitt, interim community and economic developer for the city of Greeley. Threewitt said the state's electric demand has shifted dramatically in the last decade, as residents rely more heavily on technology. From smartphones and electric vehicles to incre...
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Trump Administration Releases Key Funds For Colorado River Water Project
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Approved, State, The Denver Gazette

Trump Administration Releases Key Funds For Colorado River Water Project

By Marianne Goodland | The Denver Gazette The Trump administration on Friday released $40 million, clearing the way for a water district and its partners to finish funding the purchase of some of the state’s most senior Colorado River water rights, Gov. Jared Polis announced. Federal funding for the Shoshone water rights owned by Public Service Company, a division of Xcel Energy, was approved by the Biden administration in 2024 through the Inflation Reduction Act. An executive order issued shortly after President Donald Trump took office in January 2025 put that funding on hold. With the $40 million in federal funding on its way, the project’s funding now stands at $97 million, close enough to its $99 million total cost that the Colorado River Conservation District can move int...
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Colorado Lawmakers Renew Public Utilities Commission Authority But Sidestep Reform Debate
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The Colorado Sun, Approved, State

Colorado Lawmakers Renew Public Utilities Commission Authority But Sidestep Reform Debate

By Mark Jaffe | The Colorado Sun Xcel, Black Hills, some businesses backed failed attempts to amend the bill to grow the commission to 5 members in the interest of “ideological diversity.” Facing rising utility bills, clean energy mandates and new demands for power, especially from data centers, a chorus of utilities and business groups is united saying the Colorado Public Utilities Commission needs an overhaul. In part, the push appears to be prompted by some controversial commission decisions. On Saturday, Republican lawmakers tried unsuccessfully to amend the bill dealing with the routine reauthorization of the commission to expand the three-person panel to five members. “We’re simply not getting a good representation on the PUC with three people,” said Rep...
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Colorado’s War On Natural Gas Could Cost Coloradans Dearly
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The Denver Gazette, Approved, Commentary, State

Colorado’s War On Natural Gas Could Cost Coloradans Dearly

By Elizabeth Caven | Commentary, The Denver Gazette In a state where winter isn’t optional, you’d think reliable heat wouldn’t be either. Yet, Colorado’s Public Utilities Commission seems increasingly comfortable with discarding the very energy source that keeps the majority of households in the state warm: natural gas. Residents are not thinking about long-term regulatory frameworks when they go to turn up the heat in January. They are asking much simpler questions: Will their homes stay warm, and can they afford it? This is what makes Colorados current energy trajectory so puzzling and, increasingly, troubling. Natural gas continues to be the backbone of the states energy sphere even as lawmakers at the Capitol seem determined to ignore that fact. A recent report published ...
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Nuclear Energy Proposal Divides Colorado Democrats And Environmental Groups
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The Colorado Sun, Approved, State

Nuclear Energy Proposal Divides Colorado Democrats And Environmental Groups

By Michael Booth | The Colorado Sun Colorado bill would set a nuclear permitting czar, help utilities find a location, and allow them to charge customers for $20 million in studies. A major effort to smooth the way for a return to nuclear-generated power in Colorado gets a first hearing Thursday in a legislative committee, as boosters of the out-of-favor technology claim growing energy demands and better design prove the time is right for a revival.  The state’s longstanding coalition of nonprofit groups that advocate for environmental and economic justice, meanwhile, vow a united front against the nuclear-friendly effort, and say some of their allies have betrayed the clean energy cause in favor of risky economic development.  House Bill 1337, up for deb...
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Colorado Bill Could Lock Xcel Customers Into Decades Of Power Plant Costs
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The Denver Gazette, Approved, State

Colorado Bill Could Lock Xcel Customers Into Decades Of Power Plant Costs

By Scott Weiser | The Denver Gazette State regulators would gain expanded power to order Xcel Energy to finance major costs for its chronically troubled Comanche 3 coal plant through bonds backed by a decades-long charge on every customer’s monthly electric bill. House Bill 26-1326, the Colorado Public Utilities Commission sunset bill that cleared its first committee on April 23, would let the PUC direct investor-owned utilities to use securitization under 2019’s Colorado Energy Impact Bond Act. The measure continues the PUC through 2037 while expanding its authority beyond voluntary utility applications. Securitization allows a utility to issue bonds backed by a decades-long charge on ratepayer bills. The charge stays on every bill, with periodic adjustments, only unt...
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