Xcel’s 2015 Peak Demand
February 21st, 2016
Remember Xcel’s CapX 2020 peak demand projections of 2.49% annual increase? How wrong can they be? And how unjustified was their basis for a Certificate of Need for CapX 2020? And how are they held accountable for those gross misrepresentations? This is why the rate case in progress, PUC Docket 15-826, is so important.
I love it when this happens… Xcel Peak Demand is again DOWN! There’s a trend, and it’s called decreased demand. Demand has yet to exceed the 2007 peak, and now it’s 8 years…
Here’s the Xcel Energy SEC 10-K filed a couple days ago:
Is it any wonder they want to get away from a cost based rate a la their “e21 Initiative” scheme? Particularly now that the bill for CapX 2020 is coming due and their newest rate case (PUC Docket GR-15-826) is now underway?
And the specifics, and note how they inexplicably forecast a 2016 peak of 9,327:
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