What is going on at Xcel?
Before any talk about solar whatsoever, it is important that you are informed and educated on what exactly is going on with Xcel, aka your electricity provider.
Here are the facts:
- Xcel currently is currently the most profitable utility company in the US.
- The have held the energy monoploy in CO for over 30 years.
- Currently Xcel is under a renewable energy mandate, needing 80% by 2030.
- They plan to be 100% renewable by 2050.
- Below is the link to the Xcel website depicting this.
- They are nowhere close to filling this mandate.