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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Texas lawmakers propose electricity market bailout after winter storm
HOUSTON - An approximately $2.5 billion plan to bail out Texas’ distressed electricity market from the financial crisis caused by Winter Storm Uri in February has been approved by the Texas House.
The legislation would impose a fee — likely for the next decade or longer — on electricity companies, which would then get passed on to residential and business customers in their power bills. Lawmakers on Wednesday said they could not yet estimate how much it would impact Texans’ electricity bills.
House lawmakers sent House Bill 4492 to the Senate on Thursday after a 129-15 vote. A similar bill is advancing…
