PUC to Xcel Energy: That $16.6 million you wanted? No dice
By: SGN Staff
The Colorado Public Utilities Commission on Thursday ruled that Xcel Energy will not be able to collect the $16.6 million balance it says it is owed for work performed on the SmartGridCity project in Boulder.
The ruling is in line with an earlier decision by an administrative law judge that the utility should not be allowed to collect the remaining $16.6 million in costs it incurred in the project because it had not met established criteria demonstrating customer benefits, according to a story in the Boulder County Business Report.
The PUC in early 2011 allowed Xcel to recover $27.9 million in program costs from customer rates, but withheld the remaining $16.6 million until the utility could demonstrate benefits to customers, and provide a comprehensive plan.
Referring to Xcel, PUC spokesman Terry Bote said "We gave you opportunities to come back and present your case, and you didn't do it."