Xcel Energy to add more solar power in Colorado
The utility filed its plan for meeting the standard, which requires 20 percent of its energy to come from renewable resources by 2020. The solar power would be added through a program in which Xcel buys renewable energy credits from customers who install solar power systems.
Xcel Energy's plan also includes about 700 megawatts of new wind power and about 350 megawatts of utility-scale solar power plants.
Gov. Bill Ritter praised Xcel for planning to add more than three times the amount of solar photovoltaic resources than the law requires.
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Alberta's Rising Electricity Prices
CALGARY - Alberta’s electricity market is facing growing instability, with rising prices leaving many consumers struggling. The province's "last resort" rate, a government-set price for people who haven’t chosen a fixed electricity plan, has become a significant concern. Due to volatile market conditions, this rate has surged, causing financial strain for households. Experts, like energy policy analyst Blake Shaffer, argue that the current market structure needs reform. They suggest creating more stability in pricing, ensuring better protection for consumers against unexpected price spikes, and addressing the flaws that lead to market volatility.
As electricity prices climb, many consumers are feeling…
