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Xcel-backed Colorado bill prompts debate over vision for utilities’ future
Energy News Network: Xcel Energy says a bill being considered by Colorado legislators would provide a model for major utilities in other states that want to follow Xcel’s path to deep decarbonization of electrical generation. But several environmental critics, and at least one other utility in Colorado, call it a flawed model.
The disagreement centers partly on what the utility of the future should look like. Xcel embraces the compact developed by Samuel Insul early in the 20th century, in which utilities enjoy monopoly status and guaranteed rates of return in return for willingness to be regulated.
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