Colorado utility close to winning approval for $509 million 2021 storm cost recovery

 

One more step and Xcel Energy in Colorado will be able to raise rates on ratepayers to pay for more than one-half billion dollars in high natural gas costs experienced in the February 2021 storm Uri.

An administrative law judge is recommending Colorado regulators approve Xcel Energy’s move to recover $509 million and pass along the cost to consumers reported the Colorado Sun.

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