More Coloradans losing utilities for unpaid bills
Pat Boland, the utility's credit policy manager, said Xcel doesn't like to cut off service but has to keep unpaid bills from getting out of hand during the recession.
The company says some customers were cut off for only a few days until they paid their bills.
Minneapolis-based Xcel is Colorado's largest electric utility. It supplies electricity, gas or both to about 1.3 million customers in the state.
Since 2006, Xcel has averaged $25 million a year in unpaid bills, and Boland says the write-offs end up being paid by other customers.
Related News
Explainer: Europe gets ready to revamp its electricity market
STOCKHOLM - European Union energy ministers meet on Monday to debate upcoming power market reforms. Brussels is set to propose the revamp next month, but already countries are split over how to "fix" the energy system - or whether it needs fixing at all.
Here's what you need to know.
POST-CRISIS CHANGES
The European Commission pledged last year to reform the EU's electricity market rules, after record-high gas prices - caused by cuts to Russian gas flows - sent power prices soaring for European companies and citizens.
The aim is to reform the electricity market to shield consumer energy bills from short-term…
