Is Xcel the 'corporate antichrist of Colorado?' That's what Jon Caldara suggests, but the devil's in the details.
to raise rates for natural gas by $188.6 million over three years. Although the cost of natural gas has already risen, the company is seeking approval to make up those costs rather than adding the cost to bills as the price fluctuates; if the PUC agrees, the average consumer’s monthly bill would be permanently increased by over $7 a month.
That's when Dodge sponsored the bill to create the Office of Consumer Counsel. “The thinking behind it was that every special interest had lawyers before the PUC,” Binz recalls. “The steel mill in Pueblo had their own counsel every year. The mines in Leadville had their own counsel before the commission. And so the logic back then was: Where's the people's representative in all this?”
In 2021, the structure changed again when two bills passed through the legislature. Senators Chris Hansen and Stephen Fenberg and Representative Tracey Bernett sponsored the first —, which called for the PUC to consider disproportionately impacted communities in its rulings, to focus on helping utilities implement the state’s renewable-energy standards, and to factor in the just transition away from coal when energy companies opted to close down such facilities.
Under the arrangement, the Office of the Utility Consumer Advocate and its director are still independent and not tied to electoral politics, Binz notes. In fact, Cindy Schonhaut retained her position as director, a job she's held since 2014, even if the name changed. Caldara uses the Comanche Power Plant as an example. Opened in 2010, the coal plant in Pueblo cost over a billion dollars to construct and was intended to run until 2070. Customers helped pay for the original construction. Xcel's current plan calls for closing the plant early in pursuit of its goal of stopping the use of coal by 2035 as part of an $8 billion proposal that included new renewable generation projects; the PUC has postponed deliberations on that resource plan until April 26.
For the over 300,000 Xcel customers who recently switched to smart meters and time of use rates — which all Colorado customers will do by 2025 — information about how to read the new bills can be found on the Smart Meter Installation page under the How it Affects You section. People may have to click through several links to find the right information, however, and the website doesn’t have a search bar.
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