Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Colorado regulator raises Xcel Energy efficiency target by 25%

Published 06/21/2018, 03:50 PM
Updated 06/21/2018, 03:50 PM
© Reuters.  Colorado regulator raises Xcel Energy efficiency target by 25%
  • The Colorado Public Utilities Commission approves new energy efficiency targets for Xcel Energy (XEL -0.1%), raising them 25% above what the utility had requested in order to "provide increased benefits to customers
    and reduce the cost of utility investments."
  • XEL's Public Service Company of Colorado subsidiary is in the process of overhauling its Colorado energy mix, and earlier this month filed a proposal
    with state regulators to retire a pair of coal units and to add 1.8 GW of renewables.
  • If regulators approve XEL's clean energy proposal, it would take the utility's coal generation from more than 40% of its resources last year to less than 25% within a decade.
  • Now read: Xcel Energy: A Slam Dunk Decision


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.