In the News

In the News

Performance-based regulation: How Minnesota is inching toward a new oversight model

April 24, 2018 / Utility Dive By Herman K. Trabish Performance-based regulation needs more work before it is ready to effectively deal with the perverse incentive, according a stakeholder group studying cutting-edge utility oversight proposals in Minnesota. A completely new performance-based regulatory approach may be less effective than innovative alternatives to the existing cost-of-service (COS)…

Sustainable: McKnight aims funding at climate change

April 3, 2018 / Finance and Commerce In north Minneapolis, Minnesota Interfaith Power & Light helped organize and fund a community solar garden on top of Shiloh Temple that later this year will begin powering a nearby mosque and 26 homes.In central Minnesota, the Rural Renewable Energy Alliance in Backus developed a community solar garden for the…

Minnesota lawmakers back bill to help Xcel recover nuclear plant investments

March 28, 2018 / The Energy Daily By John Beattie Despite opposition from ratepayer advocates, green groups and the state’s main business group, Minnesota lawmakers advanced legislation Tuesday that would give Xcel Energy an easier process to bill ratepayers for the costs of future investments in its two in-state nuclear plants, including $1 billion the…

Minnesota Bill Could Help Utilities Plan for Maintenance

March 28,2018 / U.S. News Legislation that would help Xcel Energy plan for the high costs of maintaining old nuclear power plants is heading to the Minnesota Senate where it could face some tough opposition. This story also appeared in the Bristol Herald Courier, Twin Cities Pioneer Press, Miami Herald, and CBS Minnesota. No related…

Bill to help Xcel plan for hefty nuclear plant costs heads to Senate floor

March 27, 2018 / MPR News By Elizabeth Dunbar Xcel Energy is asking lawmakers for help anticipating how it will pay for the high costs of maintaining nuclear power plants that date back to the early 1970s, and on Tuesday the utility’s plea got a positive reception from a state Senate committee. But the plan…

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