Xcel

State regulators approve Xcel plan that shifts from coal to nuclear energy, renewables

February 8, 2022 Star Tribune Mike Hughlett Minnesota utility regulators on Tuesday unanimously approved Xcel Energy’s long-term plans for power generation, which are aimed at reducing greenhouse gas emissions while maintaining reliable and affordable electricity. The Public Utilities Commission (PUC) gave the go-ahead for Minneapolis-based Xcel to close its coal plants by 2030, extend the…

Xcel electricity plan approved: clean energy, storage, and transmission

Published February 9, 2022 Yesterday, the Minnesota Public Utilities Commission (PUC) made its determination in Xcel Energy’s integrated resource plan (IRP), mapping Xcel’s future power generation. The plan will substantially reduce emissions while maintaining reliability. Under the plan, Xcel will close expensive fossil fuel generators, build out clean energy resources, help affected power plant workers…

Xcel pilot will provide training, career opportunities for women, veterans, BIPOC Minnesotans

Published January 28, 2022 We previously wrote about CUB’s support for an Xcel workforce development pilot program. This blog post provides an update on this program, which the Minnesota Public Utilities Commission (“PUC”) recently approved. In May of 2020, the PUC opened a docket (the “Economic Recovery” docket) with the goal of identifying possible utility investments that…

Xcel’s long-range plan faces pushback over role of fossil peaking plants

January 21, 2022 Energy News Network Frank Jossi Xcel Energy’s proposal to potentially build two new natural gas peaking plants has become a key point of contention in the utility’s long-term resource plan currently before Minnesota utility regulators. The two natural gas combustion turbine plants are part of Xcel’s integrated resource plan, a document utilities…

Electric and gas rates set to rise across Minnesota

December 27, 2021 MPR News Dan Kraker It’s been a busy few weeks at the Minnesota Public Utilities Commission. The PUC is charged with approving the rates that the state’s regulated utilities can charge for their electric and natural gas service.  And right now, the state’s biggest electric and gas utilities are all requesting rate…

CenterPoint, Xcel file for gas rate increases of over 6%

November 1, 2021 Star Tribune Mike Hughlett Minnesota’s largest natural-gas providers — CenterPoint Energy and Xcel Energy — Monday asked regulators for a rate increase of about 6.5 %, in standard requests that this year would add to costs that are already soaring for other reasons. Sharp increases in the commodity cost of gas are…

Xcel asks to hike electric rates by $677 million per year

Published November 1, 2021 Xcel Energy is asking state regulators to charge its Minnesota electric customers an additional $677 million each year, increasing revenues by 21.2% over three years. Xcel’s rate increase request must be approved by the Minnesota Public Utilities Commission (PUC), and utilities almost never get the full increase that they ask for….