Tag: Coal Transition
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Colorado regulators set to slash Xcel’s $262 million rate hike request
Colorado’s regulators are set to approve only a third – or less – of Xcel Energy’s request to hike rates, which means its customers won’t face an additional $262 million in energy bills. Instead, the Public Utilities Commission is considering allowing Xcel to add between $48 million and $97 million to people’s energy bills —…
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Northwest Colorado awarded $8.5M to economically diversify coal communities
The U.S. Department of Commerce on Tuesday awarded $8.5 million to northwest Colorado to support the region’s efforts to diversify local coal-dependent economies. The grants are part of the federal Coal Communities Commitment from the Economic Development Administration — allocating $300 million from the COVID-19 American Rescue Plan Act to support coal communities as they…
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Colorado House passes bill that would help communities affected by coal plant closures
The Colorado House passed legislation Thursday that would direct $15 million from the state’s general fund to the Office of Just Transition, which was created to try to lessen the economic and social effects of the closure of coal power plants and mines across the state. House Bill 22-1394, which was approved 51-12, would transfer the funds…