Business Services Industry
Colorado Senate Panel to Consider Requiring Xcel to Support Renewable Energy.
Knight Ridder/Tribune Business News, April, 2003
By Steve Raabe, The Denver Post Knight Ridder/Tribune Business News
Apr. 9--A twice-unsuccessful effort to promote wind and other renewable energy gets a third chance this week in the Colorado legislature.
The Senate Appropriations Committee is scheduled Friday to consider SB 151, a bill requiring Xcel Energy to generate about 7 percent, or 400 megawatts, of its power from renewable energy by 2005.
The renewable threshold would increase over the years, growing by 2020 to 1,500 megawatts, representing about one-fourth of Xcel's current generation capacity.
A megawatt supplies power for about 1,000 people.
Despite bipartisan support, two similar bills have failed. One, introduced this year by House Speaker Lola Spradley,...
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