10/23/2023 0 Comments Excel energy![]() ![]() “This doesn’t resolve all issues … but it does make significant advancements in being able to achieve a broad outcome that is very balanced for customers, for our communities that are impacted by the transition, as well as the company,” Xcel-Colorado President Alice Jackson said in an interview.Įnvironmental groups, which have contested the plan since it was first proposed almost 20 years ago, did not join the settlement, saying the investor-owned utility still isn’t moving fast or far enough in cutting emissions. ![]() ![]() The agreement, filed Wednesday after days of negotiations, comes as the Colorado Public Utilities Commission considers how the state’s largest utility should minimize its contribution to climate change. Xcel Energy has struck a deal to close Colorado’s largest coal-fired power plant before 2035, a move that could slash the utility’s carbon dioxide emissions by nearly 90 percent this decade and end a years-long saga of breakdowns, pollution and opposition.
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