Municipal Utility Finalizes Xcel Deal On Colorado Wind Power

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Colorado Springs Utilities has inked a deal with Xcel Energy to allow the municipal utility's customers to purchase wind power.

According to local reports, the two-year agreement will bring 20,000 MWh to Colorado Springs while helping to fulfill the municipal utility's goal of procuring 20% renewable energy by 2020. Reportedly, the program allows customers to help finance wind energy – for a rate of $2.14 per 100 kWh each month.

According to an Xcel spokesperson, the agreement is related to Xcel's previously announced deal with NextEra Energy Resources' Limon 3 wind farm in Colorado.
Xcel already purchases about 400 MW of wind from NextEra's Limon 1 and 2 wind farms.

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