Getting your player ready...
As part of efforts to boost renewable generation, Xcel Energy wants to charge customers 2 percent more than what they would pay for conventional energy, which is the maximum allowable under state law.
Colorado’s largest utility asked regulators Friday to approve its request to increase the so-called Renewable Energy Standard Adjustment, which is used for the acquisition of more renewable resources to reduce carbon emissions, from 0.6 percent to 2 percent.
If it is approved, a typical residential customer bill with an average use of 625 kilowatt-hours per month would increase to $57.83, or 79 cents more each month, according to Xcel. That’s a net increase of 1.4 percent since Xcel is already charging customers a 0.6 percent RESA fee.
