Jon Caldara accuses Xcel of playing monopoly...and turning Colorado into California.
, and Toor leads the pack of government officials who help Kenney make money off the backs of Coloradans by creating environmental regulations that cost people money.
, which regulates Xcel's activities in the state, to let the company recuperate those costs through customers' bills — and state regulators like Toor are the ones pushing a clean energy transition. Caldara insists that it's “not just evil people like me” who don’t approve of Xcel’s tactics, saying that people in the environmental community are beginning to question Xcel as well.Xcel’s gas expansion plan for the west metro Denver area;
“Investor-owned utilities that supply electric or gas service or both in Colorado shall pay a percentage of all rates from their profits as determined by the Public Utilities Commission; such percentage shall be at least five percent of the total rates approved,” the measure read.with a guaranteed rate of return. Theoretically, in exchange for that monopoly, the company should keep rates as low as possible for customers, he says, and that's not happening.
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