Power cuts in Texas and elsewhere could cost Colorado energy consumers
Payne Institute Director Morgan Bazilian contributes to this article about how Xcel Colorado was hit with $650 million in added fuel costs early last week. Colorado residents were spared from the massive power outages last week and have fared well. But Colorado consumers likely won’t get off scot-free. The lack of adequate preparation in other states could show up in higher fuel costs on utility bills in the coming months, depending on how much regulators allow to pass through. February 20, 2021.