Who is really misleading the public on Xcel plan?
In her recent opinion column “Xcel: Cost-savings of our plan pencil out and provide many benefits,” Xcel Energy Colorado President Alice Jackson writes “the cost savings of more than $200 million do in fact pencil out...”
However, the Colorado Public Utilities Commission staff disagrees and stated in testimony: “Staff believes this amount is likely overstated and Staff is unable to conclude that the Preferred CEPP is more likely than not to produce savings. The modeling results presented by the Company contain a number of errors and a fundamental flaw…”
And Staff isn’t the only entity that doesn’t believe Xcel’s numbers. Here’s what Intermountain Rural Electric Association (IREA), Colorado’s largest electric cooperative, stated in its testimony: The plan “requires ratepayers to pay a premium for renewable generation levels that significantly exceed already-satisfied Renewable Energy Standard levels and is based on a deeply flawed model that inaccurately projects cost savings decades from now.”
Further, I’m not sure what Ms. Jackson means when she writes “traditional opponents.” Is the Minneapolis-based monopoly utility suggesting that the Colorado PUC, charged with reviewing the company’s plan, Colorado-based IREA, and other Colorado ratepayer groups are “traditional opponents?” When so many Coloradans are crying foul over this plan, I’m beginning to think it’s out-of-state Xcel that is doing all the “misleading.”
The so-called Colorado Energy Plan is nothing more than what Xcel brags is its “steel for fuel” strategy, to pump up its asset base on which it earns a guaranteed rate of return. The only numbers that actually pencil out here are the hundreds of millions of dollars in additional profits Xcel will rake in from its Colorado customers, who are forced to foot the bill for “savings” that both the PUC staff and IREA say won’t materialize.
JOHN S. KINKAID
Former Moffat County commissioner
Young conservatives have the right idea on climate solution
I am inspired by the youth in the conservative party. They seem to have some things figured out better than us old fogies. Well, at least SOME things!
They understand that the climate is changing; warming temperatures are causing havoc, and recognize that their generation will have to pay for and suffer the consequences of inaction.
I appreciate this statement from conservative college student Jacob Abel: “One of the problems is the conversations around climate change tend toward left versus right, action versus inaction, believers versus deniers. Also stale, the solutions on the table default toward big government, rapid renewable integration ideas that may not be realistic yet have been passed around for decades. Yes, we need renewables — they are the future —but how can we integrate renewable energy while transitioning away from fossil fuels without creating too negative an impact on communities that rely on fossil fuel production?”
He adds, “Organizations such as RepublicEN, which advocates for free-market based solutions to climate change have the right idea: Put a price on carbon, ensure the revenues remain neutral (i.e. don’t grow the government but instead are used to offset a tax cut or provide a dividend to citizens) and watch innovation soar. Utilizing both the technologies of the past and innovations of the future is the best way forward.”
Kudos to Abel and all our youth for recognizing we need policy change from our representatives to change the current trajectory.
I hope Sen. Gardner and Rep. Tipton are listening.