Denver, Colorado 2020-11-21 08:00:30 –
Xcel Energy-Colorado’s plan to provide car rebates to increase the number of electric cars in the state has been praised by those who want cars that blow gas from the road and are concerned about the impact on utility payers. I have been criticized by those who are doing it.
The rebate will be raised from $ 102 million, which Xcel Energy proposes to spend more than three years planning to build a charging station for electric vehicles, to $ 130 million. The 2019 law paves the way for Xcel Energy and other regulated utilities to invest in equipment and programs to promote the use of electric vehicles, one of Governor Jared Polis’ key goals. I was killed.
The law also allows Xcel Energy and other investor-owned utilities to recover the cost of building charging stations from their customers. To do that, the company proposed a “rider” who would charge an additional fee on the customer’s monthly bill.
The Colorado Public Utility Commission holds hearings on Xcel Energy’s plans. Proponents say the plan is a major step towards reducing greenhouse gas emissions and air pollution from climate change. However, offering rebates for electric vehicles is beyond the scope of what was expected, and there are concerns that it will push up customers’ electricity prices.
Electric vehicle law sponsors Chris Hansen and Kevin Priola wrote to PUC this week that the bill “minimizes overall costs and maximizes overall profits.” Said it was designed for. The bill limited the impact on retail rates based on the percentage of utilities’ annual revenue requirements.
“Senator Priora and I discussed (in the Senate) how this would be beneficial to our customers and to our payers,” said Hansen, a Democrat in Denver. “The fixed costs of the system are distributed to more electricity sales, which lowers the cost for everyone.”
Hansen said he would be happy with some rebates to encourage the purchase of electric vehicles when targeting people in need of electric vehicles.
The Colorado Consumer Advisory Board, which represents the general public before PUC, generally supports Xcel Energy’s plans, but is concerned about the final amount the customer will pay, said director Cindy Schonhaut. .. The rebate program was proposed shortly before the PUC hearing began, and the hearing records do not have data on the impact on fees, she said.
Xcel Energy spokeswoman Michelle Aguayo said in an email that the average home customer would pay 67 cents more per month if the plan was approved.
Xcel Energy said it will allocate part of its budget to low-income car buyers, charging stations, and other equipment for low-income communities and housing complexes.
Colorado field advocate Ean Tafoya said in a statement that Green Latinos, an advocate for the Latin community on environmental issues, supports the expansion of the rebate program. Xcel Energy has expanded its income qualifications and geographical qualifications “to enable those affected by the history of fossil fuel pollution and environmental racism to participate in the future of clean transportation in Colorado.” Need to be added.
The Colorado Energy Department has proposed a rebate to help people make it easier to buy electric vehicles and help the state meet its goals of reducing emissions and electrifying transportation, the agency’s policy director said. Keith Hay said. He said the rebate applies to leasing, used cars, and new cars.
In 2019, Congress extended the state tax credit for electric vehicles to 2025. PUC staff Gene Camp testified that utility customers could cost 42% more to pay rebates than it would cost to raise state tax credits for money. .. Interest in Xcel Energy being allowed to recover.
PUC staff also argued that the 2019 law does not allow utilities to offer incentives to buy electric vehicles.
Hay said the Energy Department disagrees. He said the law refers to utilities that support the adoption of electric vehicles through education, outreach and incentives, especially “promoting increased adoption of electric vehicles.”
Xcel Energy-Colorado wants to offer rebates on electric vehicles as part of its plan to get more of them on the roads Source link Xcel Energy-Colorado wants to offer rebates on electric vehicles as part of its plan to get more of them on the roads