Xcel Energy’s Building Boom, Search for Profits May Send Colorado Electricity Bills Soaring

Xcel Energy’s building boom, search for profits may send Colorado electricity bills soaring

cel Energy customers are facing the risk of their electricity rates doubling or even tripling as the company launches an unprecedented spending plan to build new generation and transmission and feed power-hungry data centers. The company, the state’s largest electricity provider with 1.6 million customers, is set to invest $22.3 billion in Colorado by 2032. That is more than in any of the seven other states in which it operates.  The investments…

Businesses flood Chamber with complaints over soaring energy bills

NASSAU, The Bahamas – Bahamian businesses are reaching out “in droves” to the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) with mounting concerns over skyrocketing electricity bills, according to the organisation’s chief executive, Dr. Leo Rolle. “It’s always a concern, and yes, our members are reaching out in droves, because most of them are sending their light bills,” Dr. Rolle said. To help mitigate the strain, the Chamber …