Xcel Energy Withdraws Proposed Rate Increase!

Great news for solar energy, Xcel Energy withdrew their proposed rate increase on solar and net metered customers!

Denver, CO – August 4, 2009 – We have just learned that Xcel Energy has withdrawn the proposed increase on solar customers. We want to thank everyone who took the time to write or voice their concerns to the PUC. The response we received was overwhelming, and thanks to you Xcel has withdrawn their proposal for now.

We couldn’t have done this without you so thank you for supporting solar!

Please note that there are additional proposals that may affect electricity rates if you would like to learn more about these proposals please read the PUC request…

Quote from motion to modify tariff document:

“Public Service Company of Colorado, pursuant to Commission Rule 1309(d), hereby moves the Commission for an order permitting the Company to modify the tariff sheets that the Company filed with Advice Letter No. 1535 Electric, to withdraw the Company’s proposal for a minimum transmission and distribution capacity charge for customers in rates schedules Residential R and the Commercial C. This proposed charge would affect primarily customers who have installed solar panels that are provided net metering. Public Service sets forth in this motion good cause for withdrawing this proposal. We do not believe that any party to this docket will be immediately prejudiced by this modification; but as we explain below, the issue that we attempted to address by this minimum bill still needs to be addressed in the future. We are recommending that this issue be addressed through a different process than this current rate case.”

Tags: Solar News, Solar Rates, Xcel