Xcel conservation plan OK’d | VailDaily.com

Xcel conservation plan OK’d

DENVER, Colorado ” State regulators have approved Xcel Energy’s plan to meet energy demands through 2015 by increasing the power it gets from renewable sources and stepping up conservation and efficiency.

The state Public Utilities Commission’s decision issued Friday says the plan advances Gov. Bill Ritter’s goal of reducing carbon emissions while ensuring an adequate supply of energy at the lowest prices possible.

The plan calls for closing two older, coal-fired power plants. Xcel says it will replace one with a natural gas plant.

Xcel spokesman Joe Fuentes says the utility has offered to return to the PUC next year to outline its progress.

The Minneapolis-based company is Colorado’s largest utility.

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