Black Hills Energy customer rates are expected to change due to an upcoming rate review and the company’s 2030 Ready Colorado Clean Energy Plan.The rate review, which is expected to be filed Friday, will be the first in eight years, said Campbell Hawkins, vice president of Colorado Utilities Black Hills Energy, at a Cañon City […]
Black Hills Energy plans to advance its 2030 Ready Clean Energy Plan with 400 megawatts (MW) of new renewable energy resources, including utility-scale solar and battery storage projects to be constructed in Pueblo County, and a wind energy project in northeastern Colorado. This preferred portfolio of resources is identified in the company’s Clean Energy Plan […]
Xcel Energy reaffirms 2021 EPS earnings guidance of $2.90 to $3.00.
Xcel Energy Inc. (NASDAQ: XEL) today reported 2021 first quarter GAAP and ongoing earnings of $362 million, or $0.67 per share, compared with $295 million, or $0.56 per share in the same period in 2020.
Earnings reflect higher electric and natural gas margins, which more than offset additional depreciation, interest charges and less allowance for funds used during construction (AFUDC).
“Xcel Energy had a strong first quarter and we are reaffirming our expectation to deliver earnings within our annual guidance range,” said Ben Fowke, chairman and CEO. “We are also pleased to have achieved a significant milestone, reducing carbon emission 51% from 2005 levels, bringing us more than halfway to our vision of delivering 100% carbon-free electricity to our customers by 2050.”