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Families With Xcel Energy Pay More For Their Electricity Than People Living In All But 12 States

Xcel Energy bombards the airwaves with commercials stating how they are going to reduce carbon dioxide emissions and provide "affordable" energy to their customers. The problem with these slogans is that they are entirely false. For example, in this statement from Xcel Energy Chairman and CEO, Ben Fowke. Mr. Fowke states: "One of the many things we’ve learned from this pandemic is that nature can be our refuge, and we must protect it for current and future generations. For the past 15 years, we have led the clean energy transition while ensuring reliability and enhancing affordability. In December of 2018, we became...

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Xcel Proposes $3B in Renewable Projects to Bolster Corporate Profits During Pandemic

Last week the Minneapolis Star-Tribune ran an article entitled "Xcel Proposes $3B in Renewable Projects to Bolster Economy Dogged by Pandemic." In the article, the author discusses Xcel's plan to spend billions of dollars on renewable energy projects. What is missing from the piece is Xcel's underlying motive for fast forwarding the projects, exploiting the high unemployment caused by the COVID-19 shutdown to increase their government-guaranteed corporate profits. There is No Free Market for Electricity in Minnesota One of the single-most important things conservatives need to know about Minnesota’s electric system is that there is no free market for electricity, and investor owned...

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Why the Minnesota “Conservative” Energy Forum’s “Cleaner and Cheaper” Slogan is a Fraudulent Talking Point

Yesterday, I wrote about how the Minnesota "Conservative" Energy Forum received nearly 86 percent its funding from the liberal Energy Foundation in 2017, the most recent year for which data are available. While this should raise big red flags for Minnesota conservatives, the policies that MNCEF advocates for are ultimately far more important than where they get their funding. Unfortunately, MNCEF uses this money to try and convince conservative Minnesotans that renewable energy sources like wind and solar are "cleaner and cheaper" than traditional energy sources like coal, natural gas, and nuclear power, even though wind and solar are far more...

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Center of the American Experiment Testifies on the Minnesota Senate’s Clean Energy First Bill in Rochester

Last night, I drove down to Rochester to testify at a hearing on the Minnesota Senate's Clean Energy First bill. As you will see in my testimony, this proposed legislation offers several significant improvements over previous legislation introduced to shape Minnesota's energy future, such as those proposed last session by Governor Walz and the Minnesota House of Representatives. However, there are still a few problematic parts of this legislation that I address later on in my comments. My testimony begins at 1:31:29 and I've pasted my comments below with additional links to provide references for my testimony. https://www.facebook.com/mnsrc/videos/477619166520895/   January 15, 2020 Testimony Clean Energy...

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Xcel Energy Electricity Bills Will Increase $50 This Year Due to Renewable Energy

Xcel Energy is seeking to increase your electricity prices by 4.736 percent in order to pay for an additional $101.8 million in spending on wind projects between 2019 and 2020. This will cause the average family with Xcel Energy to pay about $52 more in 2020 than they did in 2018. As a result, these families would pay the highest electricity bills they have ever paid....

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Our Perspective: Minnesota’s Days of Cheaper Electricity Seem Numbered

This weekend, Mike Hughlett of the Star Tribune wrote an excellent article entitled "Minnesota's Days of Cheaper Electricity Seem Numbered," which details how Minnesota electricity prices have increased substantially in the last 15 years. The piece is an important acknowledgement that the energy policies pursued in Minnesota are causing electricity costs to rise, an argument Center of the American Experiment has been making since late 2017. I have included portions of the article below and added additional  commentary to provide more context to help readers understand the topic in a more comprehensive manner. The article begins below: "Hefty rate hikes that Minnesota’s...

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NREL Data: There’s Virtually No Demand for Voluntary Renewable Energy Programs

I often hear that there is a massive demand for wind and solar power among utility customers, but if this were true, one would expect participation in programs like Xcel Energy's Windsource and Renewable Connect to be off the charts. However, according to data compiled by the National Renewable Energy Laboratory (NREL), almost no one enrolls in these voluntary programs. For example, NREL data show Xcel Energy sold 424,589 megawatt hours (MWh) of voluntary renewable energy in 2017. That may sound like a lot, but it accounts for just 1.39 percent of all the electricity Xcel sells in Minnesota. When you consider the fact that Xcel Energy...

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High Electricity Prices Killed More Than 1,280 People in Japan After The Government Foolishly Shuttered All Nuclear Facilities Following Fukushima

High electricity prices are deadly. That's the conclusion reached by a new paper produced by the National Bureau Of Economic Research (NBER), which investigated the relationship between electricity prices and mortality after the Japanese government's decision to shut down all of its nuclear power plants following the Fukushima meltdown in March of 2011. According to NBER, shutting these plants down came at enormous costs, both economic and human. The paper reads: "To meet electricity demands, the reduction in nuclear energy production was offset by increased importation of fossil fuels, which increased the price of electricity by as much as 38 percent in some...

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Xcel Energy Sponsors Gala for Anti-Mining, Anti-Farming, Pro-Wind and Solar Green Group To Help Them Pad Their Profits

Minnesota families saw their electricity bills reach a new all-time high in 2018 due to an increasing reliance on expensive and unreliable wind and solar power. Despite the fact that Minnesota is already on track to meet current renewable energy mandates, Xcel Energy wants exceed these regulations by building 3,000 to 4,000 megawatts (MW) of solar, a massive amount, and shutting down their existing coal plants, which produce some of the lowest cost electricity in the state. It appears Xcel is enlisting the help of the Minnesota Center For Environmental Advocacy (MCEA) to help gain public approval for this plan by...

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Global CO2 Emissions To Skyrocket As India Plans To Build 42 Shercos in the Coming Years

During the legislative session, we heard Governor Walz, House DFL members, and liberal environmentalists call climate change an "existential crisis," several times (give or take a million). This so-called crisis was used as justification for trying to pass radical Green New Deal-style legislation in Minnesota in an attempt to dramatically reduce carbon dioxide emissions. Absent from these discussions, however, was any context for global carbon dioxide emissions and the impact they will have on future temperatures. This seems like a massive oversight. It's called global warming, after all. The most likely reason this discussion never occurred is because it would undermine the Governor's case...

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