Xcel Rate Case Hearing TONIGHT in Red Wing
July 27th, 2016
7 P.M. TONIGHT IN RED WING
XCEL ENERGY RATE CASE PUBLIC HEARING
SE TECHNICAL COLLEGE
HWY. 58 & PIONEER ROAD
This is a transmission driven rate case, Xcel Energy claiming that the cost of the massive transmission build-out is reason to raise the rates. they also claim that sand mining has increased demand. But folks, the demand is down, down, down, and the transmission buildout is THROUGH Minnesota, bring Dakotas coal energy to points east, selling as much of their generation surplus on the market as they possibly can.
A couple of things you might find interesting, I did, are some of the Direct Testimony filings.
And the AG’s Office – RUD:
OAG_RUD_Initial Comments_201511-115670-01
OAG_RUD_Comments_11-20-2015_201511-115843-01
Here’s the AARP testimony, choosing narrow issues to challenge, particularly Xcel’s desire to raise the basic charge to have access to service, before one kWhr goes through your meter:
AARP Brockway Direct Testimony 20166-122233-01
And look what the Dept. of Commerce has discovered and revealed in testimony — XCEL HASN’T PAID TAXES SINCE 2008!
This income tax snippet is from the Direct Testimony of Nancy Campbell, Department of Commerce DER:
Here’s the Exhibit she refers to, scroll down to “NAC-20” at the very end, where you’ll find Xcel’s answer to IR 1171:
Really! Xcel Energy has paid less than $1 million in federal income taxes in the 7 years from 2009 through 2015! Meanwhile, CEO Ben Fowkes was paid $9.2 million in 2015, v. $12.4 million in 2014! (does that include stock options, deferred compensation, etc?)
Center of the American Experiment has been weighing in, but not even bothering to let people know when and where the hearings are or how to file a comment!!
Center of the American Experiment is off track
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