This testimony submitted in Xcel’s current request to increase its rates in Colorado (Docket 19AL-0268E) provides important background information on Xcel with numerous references to source documents.
While Xcel has stated its intention to reduce its carbon, what it is actually doing is asking the Colorado PUC to charge its customers for hundreds of millions of dollars of expenditures on coal and natural gas/fossil methane plants–and to earn 10.35% return on the equity portion of those expenditures. This is like a dieter who says “I’ll start my diet tomorrow” when the chocolate cake (think profits from fossil fuel expenditures) is waved under their nose….
Please skim the Table of Contents (copied below) because this information is not something that Xcel will tell you, but which is part and parcel of what having choice really means. The details are in the attached Answer Testimony. If you’d like copies of any of the Attachments which provide the sources for the facts, please let Leslie know lglustrom (at) cleanenergyaction.org
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