The proposed settlement reserves for future litigation the issue of how much ratepayers are on the hook for investments the company made in coal plants that have or will shut down.
Xcel has committed to closing all its coal-fired plants by the end of 2030. In the latest case, one of the largest requests for cost recovery by Xcel involves closing the Comanche 3, Craig 2, Hayden 1, and Hayden 2 coal power plants and removing the Pawnee plant’s coal-burning equipment and replacing it with natural gas at a cost of about $49 million. The regulatory agency also denied the energy company’s request for $81 million for future, unspecified capital expenses.
Back in October, they also cut Xcel Energy’s latest natural gas rate increase request by 70% - from $214.6 million to $64.2 million. It's not the first in recent months that the state's energy regulators have slashed Xcel's rate hike requests. Xcel Energy ratepayers on the hook for $163M energy management program
0 kommentar(er)
