Xcel Wants To Recoup $16.5M For Smart Grid

Xcel Wants To Charge Colorado Ratepayers

The Public Utilities Commission is hearing a request from Xcel Energy to recover $16.5 million from the company's completed SmartGridCity project in Boulder by charging Colorado ratepayers.

The hearing on Wednesday comes after PUC officials ruled earlier this year that Xcel could recoup about $30 million of its costs but that an additional $16.5 million could not be recovered until the utility showed it had completed the project and it would help all of its customers.

The project connects 23,000 homes in Boulder with smart meters using computers to manage electricity distribution.

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