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Xcel’s $440M plan to cut greenhouse gas emissions gets the state’s OK, but it could boost natural gas bills by 7%

Posted on AllSides June 12th, 2024
From The Left

Xcel Energy received the green light from state regulators Monday for a $440 million plan to curb greenhouse gas emissions from its natural gas system through a combination of energy efficiency and electrification programs. The goal of the so-called Clean Heat Plan is to move more homes and businesses to electricity from using natural gas, cutting greenhouse gas emissions 22% by 2030. Xcel Energy projects a 14% decline in its gas sales from 2024 to 2028. The plan will raise electricity rates 1.1% and natural gas rates 7% for Xcel...

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The Colorado Sun

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