Tag: Comanche 3
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Colorado regulators could force Xcel customers to pay for troubled plant for decades
Colorado regulators would gain expanded power to order Xcel Energy to finance major costs for its chronically troubled Comanche 3 coal plant through bonds backed by a decades-long charge on every customer’s monthly electric bill. House Bill 26-1326, the Colorado Public Utilities Commission “sunset bill” that cleared its first committee on April 23, would let…
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Xcel hit with $26.45 million judgment for Comanche 3 power plant negligence
A Denver District Court jury awarded CORE Electrical Cooperative $26.45 million in damages from Xcel Energy after jurors determined the company mismanaged the Comanche 3 generating plant near Pueblo Wednesday. CORE filed the $235 million lawsuit in September 2021, alleging that Xcel breached its contractual obligations related to the operation and maintenance of Comanche 3,…
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$253 million lawsuit against Xcel Energy claiming power plant mismanagement is underway
A $253 million lawsuit against Xcel Energy over allegations of mismanagement of a power plant in Pueblo kicked off Oct. 3. The lawsuit, filed by CORE Electric Cooperative, is expected to last about four weeks. At issue is Comanche 3, the largest coal-fired plant in Colorado at 750 megawatts that was planned to operate for…
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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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A Conversation with Robert Kenney, President of Xcel Energy Colorado
In a conversation this month, new Xcel Energy Colorado President Robert Kenney talked about Colorado’s transition to renewable energy, nuclear power and control over customers’ thermostats. Kenney took over the reins on June 6 from Alice Jackson, who moved to a new position as senior vice president for system strategy and chief planning officer for Xcel Energy corporate. Kenney hails from St. Louis, Missouri and worked as a private attorney, as well as taking a position with…
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Settlement to close Xcel Energy’s remaining coal plants by 2031 nears approval
A settlement is nearing approval that would speed up Xcel Energy’s transition away from coal and shut down its remaining coal-fired power plants by 2031. In an agreement with 16 parties, including Denver, Pueblo and a host of individual companies and organizations, Xcel agreed to shut down the following coal power plants: Craig Unit 2 in…