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Xcel Resource Planning Executive: We Can Buy New Renewables Cheaper Than Existing Fossil Fuels
Green Tech Media: Xcel Energy has long been a leader in renewable energy, investing in wind and solar even when they were not the cheapest alternatives.
Today, however, the tables are turning. New wind and solar are often cheaper than existing coal generation. And Xcel is now moving to retire major coal plants and invest $2.5 billion in wind, solar and batteries to replace that generation — saving ratepayers up to $374 million.
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