September 25, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Critics say Xcel Energy gas rate increase would pinch customers

1 min read

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The battle over Xcel Energy’s proposed natural gas rate increase isn’t just a dispute over whether the utility gets the $188.6 million it is seeking from its Colorado customers but also in part about the future of natural gas in the state.

The Colorado Public Utilities Commission on Thursday heard from the public on the proposed increase and concerns ranged from the multiple rate increases customers are facing to meeting climate change goals to the risk of stranded assets, for which customers would also have to pay.

“We need to put all our resources into building renewable infrastructure,” Heidi Leathwood, a climate analyst with the environmental group 350 Colorado, said. “New methane infrastructure should not be built at all.”

In addition to this natural gas rate request Xcel…

Mark Jaffe

2022-08-19 03:59:00

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