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Xcel Energy Property Taxes Soar 131.6 Percent Since Minnesota Began Mandating Renewable Energy – Ratepayers are Stuck with the Bill

We at American Experiment often write about how wind and solar energy cause nearly every aspect of the energy grid to be more expensive, but one aspect of this story we have not yet covered is the role wind and solar play on increasing property taxes. Property taxes constitute approximately 6 percent of your electric bill, as utility companies are allowed to pass these expenses directly on to their consumers. As property taxes rise, so does the amount you pay for electricity each month. As renewable energy sources increase on the grid, so do the property tax expenses that ratepayers are stuck...

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Xcel Should Save Sherco 1 and 2, Skip the Wind

On October 2nd, Xcel Energy told a crowd of people about how they intend to grow their "carbon free" electricity generation portfolio by replacing coal-fired generation with more wind. This would happen as the monopoly utility closes three coal plants at Sherburne County (Sherco) Units 1 and 2, in Becker, and the Allen S. King plant in Stillwater.  Xcel should save the coal and skip the wind, because Minnesota can't afford more failed energy policies. ...

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Minnesota Plans to Retire 1,829 MW of Coal and Replace it with 7,200 MW of Wind, Solar, and Gas

There may not be a better way to demonstrate how expensive and ineffective Minnesota's energy policies are than to point out that utility companies plan on retiring approximately 1,800 megawatts (MW) of coal-fired power plants and replacing this capacity with 7,200 MW of wind, solar, and natural gas.  In other words, utility companies believe they will need to build four times as much electricity generating capacity to replace the coal plants they are retiring. This will be incredibly expensive....

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