Even if we use Xcel’s own self-serving numbers, the alleged cost savings are highly speculative and wouldn’t materialize until 2046 – if ever
If Xcel had any competition, we’d be congratulating them on increasing their profits. But it doesn’t. Colorado ratepayers have no choice.
The monopoly is a 21st century snake oil salesman, hawking a magical elixir, solar and wind energy.
If the COPUC, whose commissioners are Governor appointed, goes along with this scheme, they would clear the way for future governors to do the same thing on the backs of captive ratepayers.
We assume plans to pass along the savings are being made but are not yet completed. In that spirit, please provide us an update on the status of rate reductions for Colorado ratepayers. — Letter from Colorado Senate GOP Caucus.
The Colorado PUC heard testimony from Pueblo community members regarding Xcel Energy’s plan to shut down two coal-fired generating units at the Comanche power plant southeast of Pueblo.
If recent history is any guide, Xcel’s statement that ratepayers will save money challenges reality
The PUC in March expanded its authority in a way that’s likely to drive up electricity costs.
Bipartisan support for bad and expensive policy doesn’t miraculously change it to good policy.
A bill that will make it more cost effective for Colorado residents to store energy on their property is headed for committee with some unusual alliances.
Naturally, Xcel opposes anything that threatens its highly profitable Colorado monopoly.
Xcel to Kirkmeyer: ‘Is there any way to meet with you or the other commissioners on a more regular basis besides public meetings.’
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