Routt County, Hayden seek $89 million unified settlement as Hayden Station closure nears

Routt County, Hayden seek $89 million unified settlement as Hayden Station closure nears

Routt County’s future is at a crossroads as the community grapples with the 2028 closure of Hayden Station, a coal-fired power plant that has long been an economic cornerstone for the region.  At Monday’s work session, Routt County commissioners laid out the stakes and their strategy for negotiating with Xcel Energy, the plant’s owner, and the Colorado Public Utilities Commission over how the transition away from coal should be managed, funded a…

Routt County seeking $89 million from Xcel Energy in potential Hayden Station settlement

The county’s request is far above what the power company has offered at this stage, but Commissioners say funding to replace lost property tax revenue and to support economic development is warranted. Routt County is seeking $89 million over 10 years from Xcel Energy as part of a potential settlement agreement connected to the closure of the Hayden Station powerplant, a request far above the roughly $16 million over six years that has been offer…