The Public Utility Commission (PUC) recently reported an excess of $1.6 million in Xcel’s WindSource coffers. Xcel apparently sold more wind energy than it generated. Caught with the hand in the cookie jar, Xcel has proposed a settlement of $2.6M to WindSource customers. Xcel proposes to refund the excess to the 47,000 WindSource customers in 2009. They estimate that will reduce the average WindSource customer’s extra cost of $35/month to $23/month in 2009. Xcel also plans to increase the WindSource portfolio with the remaining $1M. This information was recently published in the Daily Camera and Denver Post. Settlement results have not been posted.
