Coal plant delay means lower rate hike
The Colorado Public Utilities Commission said that it approved a roughly $70 million rate increase, down from the previously granted $128.3 million.
Typical homeowners will see their monthly electric bills rise by $2.55 rather than the $4.43 under the higher rate. Small commercial customers' monthly bills will increase $3.66, compared with $6.72.
Xcel Energy's new unit at the Comanche power plant near Pueblo likely won't start up until at least February because of a leaky boiler. The Minneapolis-based utility can ask that the entire rate increase be restored once the plant starts operations.
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Ontario confronts reality of being short of electricity in the coming years
TORONTO - In a fit of ideological pique, Doug Ford’s government spent more than $200 million to scrap more than 700 green energy projects soon after winning the 2018 election, portraying them as “unnecessary and expensive energy schemes.”
A year later, then Associate Energy Minister Bill Walker defended the decision, declaring, “Ontario has an adequate supply of power right now.”
Well, life moves fast. At the time, scrapping the renewable energy projects was criticized as short-sighted and wasteful. It seems especially so now as Ontario confronts the reality of being short of electricity in the coming years.
How short? A recent report by…
