Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge

Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge

Sep 14, 2021

Xcel Energy ignored numerous weather warnings when buying natural gas and failed to switch to cheaper fuel oil during the historic deep freeze in mid-February, leaving the utility helpless as spot prices spiked to 50 times base costs, according to new expert objections to proposed consumer surcharges.

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