Tag: Fees
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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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Enterprise fees surge as more of Colorado’s budget escapes TABOR limits
More than 30 years after Colorado voters approved the Taxpayer’s Bill of Rights, a growing share of state spending now falls outside the voter-approved limits intended to restrain government growth. A new report shows that fee-funded “enterprises” — state-owned businesses exempt from TABOR’s revenue cap — have expanded dramatically, raising worries that lawmakers are increasingly…
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Colorado’s fake ‘fees’ beg for legal challenge | Jimmy Sengenberger
Whenever I hear Colorado politicians pitch a new fee, I think of Inigo Montoya’s line from, “The Princess Bride”: “You keep using that word. I do not think it means what you think it means.” All too many fees assessed by our state government — dressed in all kinds of gimmickry — aren’t really fees…
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Colorado Orphan Wells Mitigation Enterprise Board adds new $115 annual fee
Colorado levied another fee on oil and gas operators in Colorado to pay for closing and cleaning up another category of wells called marginal wells, defined in the statute as “an oil and gas well that presents a high risk of becoming orphaned.” The new $115-per-year fee, which is expected to raise about $5 million…
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Colorado’s fee-based enterprises skirt TABOR, increase revenue by 3,000%
State-owned enterprises increase fees from 46% of total state spending in 1996 to 71% in 2023
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Pugliese’s bill to end retail delivery fees killed by committee | FOCUS ON THE SPRINGS
Less than eight months after Colorado’s new retail delivery fees took effect, Rep. Rose Pugliese brought forward a bill seeking to eliminate them. In 2021, the state legislature passed Senate Bill 21-260, a $5.4 billion, 10-year plan to build out Colorado’s roads and bridges, create more electric vehicle charging stations, boost mass transit and mitigate…
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Xcel customers face price hike in January with limited coal supply, trends in natural gas prices
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Limited coal supply and current price trends for natural gas mean higher energy bills for Coloradans starting in January, as Xcel Energy seeks adjustments in how much it charges its 1.4 million customers. The Colorado Public Utilities Commission still needs to approve the price adjustment. If approved, the new rates would start on Jan. 1…
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Xcel customers likely to see higher energy rates as winter arrives
Colorado customers likely face steeper energy bills in the New Year if natural gas prices remain high, as experts anticipate, even after coping with hikes in electricity and natural gas costs exceeding 50% in the last year, not to mention soaring inflation. Global demand for natural gas, caused in part by the Russian war in…
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Denver expects to meet its revenue goal from increased parking meter rates
Denver has more than doubled its revenue from downtown parking meters in the first quarter since doubling the cost from $1 to $2 an hour, according to new figures released by the city. From January through March, Denver generated $3,775,066 in revenue from parking meter fees, while during the same period in 2021 the city generated…
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Denver reinstates original collections agency contract
Denver City Council approved Monday a resolution extending the city’s contract with Integral Recoveries, an organization that manages delinquent court fines and fees over $300. The approved resolution is different from one that was proposed two weeks ago, which modified the contract to include debts under $300. Councilmember Paul Kashmann direct-filed the resolution this week…