electricity
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Colorado Democrats pass proposal seeking to curb costs of utility bills
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A proposal from Democratic lawmakers intended to address Colorado’s skyrocketing energy prices cleared its last major legislative hurdle on Saturday. Senate Bill 291 seeks to lower costs of utility bills and reduce future volatility by making several changes to the regulation of Colorado’s investor-owned electricity and natural gas providers, such as Xcel Energy, including adjusting the expenses…
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Xcel Energy remotely adjusts thermostats during power emergency
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Xcel Energy says it remotely adjusted internet-connected thermostats Tuesday because of high temperatures and an unexpected loss of generation. This was the first time Xcel activated control of about 22,000 customers’ thermostats in the six-year history of its voluntary AC Rewards program to reduce electrical loads on the power grid, Xcel spokesperson Michelle Aguayo said…
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With Drake’s closure, Colorado Springs Utilities to temporarily buy power on open market
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Colorado Springs Utilities will end natural gas power production at the downtown Martin Drake Power Plant Thursday as the agency moves toward cleaner electricity generation. Drake is one of the last urban power plants in the country to close and, ultimately, Utilities plans to reclaim the entire downtown site, a process that could take several…
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Colorado Springs Utilities to end power production at Drake
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Colorado Springs Utilities will shut down power production at the downtown Martin Drake Power Plant on Thursday as part of long-term plans to take down one of the last remaining urban power plants in the country. “Today’s milestone is bittersweet because it marks the end of an era. Our city will move forward with…
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Polis slams ruling that favors Xcel hiking residential gas bills by at least 11%
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Gov. Jared Polis on Friday slammed an administrative ruling that favors Xcel Energy’s request to recover $509 million from Colorado ratepayers for the costs incurred during a winter spell in February last year that wreaked havoc throughout the Midwest, killing more than 200 people nationwide. In her ruling on Wednesday, Administrative Law Judge Melody Mirbaba…
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Wyoming funds carbon capture research in hopes of preserving its coal industry
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“>U.S. EIA spot prices for natural gas As Colorado transitions away from coal to renewable energy, neighboring Wyoming is investing in research and technology that officials hope will preserve its coal industry while also meeting carbon emission reduction goals. Colorado is open to deploying such a technology, but not to extend the life of existing coal plants,…
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Second major Colorado utility commits to 100 percent carbon-free electricity
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More than half of Colorado utility customers are expected to have 100 percent carbon-free electricity in the next 30 years after another of the state’s utility providers announced new emission goals Thursday. Platte River Power Authority, which serves the cities of Longmont, Fort Collins, Estes Park and Loveland, voted to commit to a goal of…
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Xcel a model for power-grid plan promoted to Congress
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WASHINGTON – Energy industry leaders at a congressional hearing described ambitions for a national electrical grid similar to the plan Xcel Energy, Colorado’s largest power utility, announced a day earlier. Democrats and some Republicans in Congress are seeking a power grid that relies more heavily on renewable energy without adding hefty costs for consumers. They…
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Xcel seeks OK of $2.5B Colo. renewable energy plan
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Xcel Energy Inc. submitted a plan to Colorado regulators Wednesday seeking approval of a $2.5 billion program to transform electricity generation in the state, turning away from coal and natural gas and relying more heavily on renewable energy. The proposed Colorado Energy Plan (CEP) by the state’s largest electricity provider, with 3.1 million customers in…
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Coal power ‘under pressure’; Colorado Springs plant ‘at risk,’ says ratings service
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Colorado coal-fired power plants serving municipal electric utilities and rural cooperatives remain economically competitive despite the availability of cheaper natural gas and renewable energy, but one plant in Colorado Springs is “at risk,” according to an analysis by Moody’s Investor Services. Moody’s, which rates bond credit and does market research, assessed the market competitiveness of…
