Rocky Mountain Voice

Menu

Tag: Xcel Energy

Denver City Council Pushes Back On Xcel Energy Franchise Extension
No Comments
Denverite, Approved, Local

Denver City Council Pushes Back On Xcel Energy Franchise Extension

By Denverite Staff | The Denverite The Denver City Council threw a curveball for Mayor Mike Johnston’s administration and the state’s most powerful utility on Monday night. Xcel Energy is seeking an extension of the franchise agreement that allows it to operate in Denver. The agreement, up for renewal after 20 years, requires the approval of Denver voters. But on Monday, the city council voted against placing the measure on the November election ballot. Council members raised a variety of concerns about Xcel’s service in the city, and said they wanted to take more time to talk with community members and negotiate the agreement. The city council may still have time to place a modified measure on this November's ballot, or it could wait for an election next year, but city leaders...
Read More
New state law underpins Xcel’s $4.9B grid plan: Bills projected to rise
No Comments
denvergazette.com, Approved, State

New state law underpins Xcel’s $4.9B grid plan: Bills projected to rise

By Scott Weiser | Denver Gazette $8.71 per month estimated cost for residential ratepayers Colorado's largest utility company is proposing a $4.9 billion plan to modernize the power grid, accommodating vehicle and building electrification, as well as distributed electric generation and storage. The goal, Xcel Energy added, includes enhancing reliability, resiliency, and safety benefits, as required by a recently adopted state law. The five-year plan is expected to cost Colorado residential ratepayers approximately $8.71 more per month, while business customers will pay about $10.24 more per month by 2029. The grid modernization plan includes adding 3.1 gigawatts of new capacity to the distribution system, which the company said would be enough to serve nearly 500,000 ho...
Read More
Xcel’s costly coal exit: Public interest group warns plan could stick consumers with the tab
No Comments
Westword, Approved, State

Xcel’s costly coal exit: Public interest group warns plan could stick consumers with the tab

By Catie Cheshire | Westword One consumer protection group is calling for the Colorado Public Utilities Commission to shrink Xce's giant proposal. As Xcel Energy works to decommission coal plants across Colorado, one proposal is catching heat. Watchdog organization Colorado Public Interest Research Group believes Xcel’s proposal to replace the Comanche 3 coal plant in Pueblo will result in unnecessary costs to customers. The group's executive director Danny Katz, says the proposal is too big for southern Colorado as his organization calls on the Colorado Public Utilities Commission to pare back the proposal. According to Xcel’s filings with the PUC, the utility wants to replace energy production from Comanche 3’s coal units with a mix of wind, solar and natu...
Read More
Ratepayer risk? State law forces Xcel into costly ‘Markets+’ grid deal
No Comments
Approved, State, The Colorado Sun

Ratepayer risk? State law forces Xcel into costly ‘Markets+’ grid deal

By Mark Jaffe | Colorado Sun Xcel Energy must join wholesale electric market to meet Colorado law. Execs say big upfront cost is best economic and operational choice. Xcel Energy’s plan to join a short-term, wholesale electric market is drawing fire from critics who, in hearings before state regulators this week, said that the price tag is too high and the benefits are minimal. The market for purchasing day-ahead power Xcel Energy wants to join, Markets+, is run by the Southwest Power Pool, or SPP, whose grid stretches across all or parts of 14 states from Texas to North Dakota. In hearings before the Colorado Public Utilities Commission, business and consumer groups are challenging the $30 million in upfront costs to join Markets+ and Xcel Energy executives are defen...
Read More
Xcel natural gas customers could see 10.5% residential price reduction
No Comments
Approved, BizWest, Local

Xcel natural gas customers could see 10.5% residential price reduction

By BizWest Xcel Energy Colorado has requested approval from the Colorado Public Utilities Commission to reduce customer natural-gas bills for the last three months of the year.   That will mean on average, a 10.54%, or $9.15, reduction on residential monthly bills and an 11.08%, or $42.04, reduction for typical small businesses from the same time last year. That is providing the weather remains stable, Xcel reports in a press release. Residential customers are expected to see a decrease of 13 cents per month on their electric bills, while small businesses would pay approximately 91 cents more on a typical monthly bill compared with the third quarter of 2024, according to a news release. READ THE FULL STORY AT BIZWEST
Read More
Xcel drained its $94M energy efficiency budget after marijuana growers took notice — and wants $34M more
No Comments
Approved, State, The Colorado Sun

Xcel drained its $94M energy efficiency budget after marijuana growers took notice — and wants $34M more

By Mark Jaffe | Colorado Sun “Unexpectedly high customer interest” led Xcel to pull the plug on a program helping businesses green their operations — for now. After shooting through most of its energy efficiency budget for this year, Xcel Energy has suspended all its programs for businesses and asked state regulators for an additional $34 million above the $93.6 million already agreed on. In a filing to the Colorado Public Utilities Commission, Xcel Energy’s Colorado subsidiary — Public Service Company of Colorado — said that there was “unexpectedly high customer interest and participation in the company’s electric energy efficiency offerings this year.” READ THE FULL STORY AT THE COLORADO SUN
Read More
Nursing homes go dark as more utilities cut power to prevent wildfires
No Comments
Approved, Colorado Springs Gazette, Local

Nursing homes go dark as more utilities cut power to prevent wildfires

By KATE RUDER | Colorado Springs Gazette via KFF Health When powerful wind gusts created threatening wildfire conditions one day near Boulder, Colorado’s largest utility cut power to 52,000 homes and businesses — including Frasier, an assisted living and skilled nursing facility. It was the first time Xcel Energy preemptively switched off electricity in Colorado as a wildfire prevention tool, according to a company official. The practice, also known as public safety power shut-offs, has taken root in California and is spreading elsewhere as a way to keep downed and damaged power lines from sparking blazes and fueling the West’s more frequent and intense wildfires. In Boulder, Frasier staff and residents heard about the planned outage from news reports. A Frasier official called th...
Read More
Moriarty: Democrats’ Colorado Energy story has a bad ending
No Comments
Approved, Commentary, Rocky Mountain Voice, State

Moriarty: Democrats’ Colorado Energy story has a bad ending

By Tom Moriarty | Guest Columnist Colorado Governor Jared Polis and the Colorado democrats tell us a story about fossil fuels. This story has three parts: fossil fuels are bad, the democrats have a plan to eliminate fossil fuels, and their plan is working. They pander to the “fossil fuels are bad” fear that has been exaggerated by relentless climate porn. This old fashioned fear mongering is an effective political strategy among their base and many in the middle. But “feat not,”they say, because the Colorado democrats have a plan to slay the fossil fuel monster. This plan was laid out in the Polis administration's 2019 document “Roadmap to 100% Renewable Energy by 2040 and Bold Climate Action.” The title is unequivocal: “100% Renewable Energy by 2040.” Now that is the kind of plan...
Read More
The state’s largest utility will file a new wildfire mitigation plan next month. What might that look like?
No Comments
Approved, State, The Colorado Sun

The state’s largest utility will file a new wildfire mitigation plan next month. What might that look like?

By Mark Jaffe | The Colorado Sun An inquiry by state regulators into Xcel Energy’s April “public safety” electricity outage — which created chaos in parts of the Front Range — has yielded a list of potential steps utilities and communities might take to limit future problems. Faced with high winds April 6, Xcel Energy, the state’s largest electricity provider, preemptively shut down parts of its electric grid to reduce wildfire risk. The shut-offs lasted through April 7. Local emergency management officials complained there was inadequate notice of the shut-offs and in Boulder County the wastewater treatment plant was close to dumping raw sewage into Boulder Creek before power was restored. READ THE FULL STORY AT THE COLORADO SUN
Read More
Orr, Rolling: Xcel power blackout showcases the high cost of unreliable electricity
No Comments
Approved, Commentary, completecolorado.com

Orr, Rolling: Xcel power blackout showcases the high cost of unreliable electricity

 By Isaac Orr and Mitch Rolling | Complete Colorado Hundreds of thousands of Xcel Energy customers in Colorado recenlty lost power as high winds damaged power lines, and Xcel preemptively shut off the power to 55,000 customers to mitigate the risk of wildfires. Among the customers who lost power were homeowners and small businesses who received little to no warning. The Denver Post detailed how families experienced entire refrigerators and freezers full of food spoiling, forcing them to refill them at a time when food costs are 25 percent higher than they were four years ago. Business owners without power lost tens of thousands of dollars due to the outages, which stemmed from lost revenue from being unable to do business and lost products. Restaurant...
Read More