Denver

Xcel Energy-Colorado wants to offer rebates on electric vehicles as part of its plan to get more of them on the roads – Denver, Colorado

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.”

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

Back to top button