Colorado renewable energy plan OK'd amid some doubts on cost
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August 29, 2018
DENVER (AP) — Colorado regulators approved Xcel Energy's ambitious plan to nearly double the share of electricity it generates from renewable sources despite some doubts about the company's claims for how much money consumers will save.
The Public Utilities Commission voted 2-1 in favor of the plan Monday, The Denver Post reported .
Xcel will retire two coal-fired electrical generating stations about a decade early and expand its solar, and wind and natural gas generation. The company has said that will save consumers about $213 million by 2054 because renewables are getting cheaper.
Bob Bergm...
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