Xcel Energy is supporting a new gas industry effort in Colorado that has published false claims about the costs of electrification. The new gas industry group launched the same week that Xcel Energy began seeking approval from the Colorado Public Utilities Commission to increase its gas rates. If approved, the gas rate increase would further raise the already elevated cost customers are paying for gas this winter. The rate increase would also come on top of the surcharges customers stand to pay over the next two years to cover the costs of the extraordinarily high gas prices that Xcel Energy and other utilities purchased during February Storm Uri one year ago.
The new gas industry group calls itself “Coloradans for Energy Access” and launched last week with a website and op-ed in the Colorado Sun. The website lists the new group’s members including Xcel Energy and Black Hills Energy, investor-owned utilities that sell electricity and gas in Colorado, along with Atmos Energy and Summit Utilities, which sell gas in Colorado and other states. Other members include unions, the Colorado Farm Bureau, and the American Public Gas Association, the trade association for publicly-owned gas utilities.
Xcel Energy is involved with the gas industry group despite also being a member of the Colorado Beneficial Electrification League, along with the Colorado Energy Office, cities of Denver and Boulder, and environmental groups. When asked for comment, Xcel Energy would not provide an...
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