Natural gas will be the new coal, critics contend.
As state regulators consider Xcel Energy-Colorado’s request for a, advocates are warning that new investments by the utility in gas facilities will leave customers stuck paying big bills for energy they won’t need.
Just what customers will have to pay is part of the case now before the PUC. Final statements in the gas-rate case are due by mid-September. The commission is expected to decide by November, when Xcel’s proposed rate increases would take effect. Colorado’s goals for slashing overall statewide emissions, compared to 2005 levels, are at least 26% by 2025, 50% by 2025 and 90% by 2050. Xcel’s goal is to provide carbon-free electricity and produce net-zero greenhouse gas emissions from its natural gas business by 2050.
“It’s as though it’s one of those old movies where an angel is sitting on one shoulder and on the other side there’s this devil,” DuVivier said. “They’re claiming to be a national leader, pledging to be net-zero by 2050 in the electric sector. But on the other hand, brochures I get in my bills boast it’s one of the largest natural gas distribution suppliers in the country.”
Comanche 3, the newest unit of a coal-fired power Xcel plant in Pueblo, started operating in 2010 and was supposed to run until 2070. The unit, beset with mechanical and operational troubles, is now scheduled to close no later than Jan. 1, 2031.
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