Letter to the editor: Big announcement’s hard costs

Posted 12/11/18

How is it that nowhere in the “Xcel Energy’s 100 percent carbon free’ 2050 pipe dream” is the cost of reinventing the power grid mentioned?

Shouldn’t every household in Xcel’s iron …

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Letter to the editor: Big announcement’s hard costs

Posted

How is it that nowhere in the “Xcel Energy’s 100 percent carbon free’ 2050 pipe dream” is the cost of reinventing the power grid mentioned?

Shouldn’t every household in Xcel’s iron grip be made aware of how much it will have to pay for the infrastructure of the new boondoggle, in addition to the current costs of perfectly serviceable electric generation stations which are being prematurely retired?

How many Coloradans realize that Xcel does not make its money on the sale of electricity, but rather is guaranteed a profit on its capital construction costs?
Must Coloradans take to the streets​, as ​we now see those over-taxed​, ‘yellow jacket’ Frenchmen ​doing, in reaction to being coerced by their government, to protest how they will be ​beguiled into economic serfdom to satisfy the fears of those concerned about ​a warming climate?

If indeed Colorado is to be marched down this road to bankruptcy, shouldn’t ‘the rich’ do-gooders, starting with Gov.-Elect Polis, be compelled to bear the entire cost of the transition?

If their total assets would be insufficient to cover those costs, shouldn’t they at least liquidate all their financial holdings and give the proceeds to Xcel?

Russell W Haas,
Golden

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