Governor blasts finding that Xcel Energy can recover $509M in storm costs from customers
An administrative law judge’s recommendation that Xcel Energy-Colorado be allowed to recover approximately $509 million from customers for costs from a 2021 winter storm led Gov. Jared Polis to denounce letting utilities “balance their financial loss on the backs of consumers.”
The Colorado Public Utilities Commission will decide whether Xcel Energy, the state’s largest electric utility, can pass on some of the costs through temporary monthly charges on customers’ bills. The company has proposed stretching out the…