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Colorado regulators OK Xcel Energy wind contract

Associated Press Published: November 21, 2011

DENVER (AP) — Colorado regulators have approved a contract for Xcel Energy to buy 200 megawatts of power from a wind farm slated to be built in Limon next year.

The Public Utilities Commission voted 3-0 Monday to approve the deal.

Xcel is Colorado's largest utility. The 200 megawatts represent about a 10 percent increase in its wind power.

Xcel officials say wind farm developer NextEra Energy Resources LLC offered it the lowest wind costs it has ever paid.

The Denver Post reports ( the charge for the electricity from the Limon facility will start at $27.50 per megawatt-hour, which is far lower than Xcel's average purchase wind cost since 2007 of $42.16. The newspaper reports the price would increase about 2 percent a year over the 25-year contract.


Information from: The Denver Post,


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