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Wind Subsidies for Xcel Energy’s Minnesota Operations Totaled More Than $49 Million in 2016

According to data found in utility documents filed with the Minnesota Public Utilities Commission, Xcel Energy earned $49.3 million in federal subsidies in 2016 from its wind facilities located throughout Minnesota and North Dakota. It's important to remember that the cost of wind energy in Minnesota is not just reflected in your monthly electric bill, but it also increases the amount of federal taxes you must pay. While $49 million is no doubt a significant chuck of change, it likely represents only a small amount of the federal subsidies doled out to wind producers in Minnesota because most of the wind...

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