Xcel Energy's Data Center Rate Class Proposal
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Xcel Energy proposes a new rate class for data centers, requiring them to cover their own electricity costs. The plan includes fifteen-year contracts, financial guarantees, and exit fees. Critics worry about increased natural gas use, while Xcel emphasizes job creation, tax revenue, and clean energy investments. The proposal aims to balance grid reliability and green goals before summer 2026.
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