Dive Summary:
- At Xcel Energy's regulatory hearing Wednesday, a VP from an Xcel subsidiary stated that the utility faced "unreasonable expectations from our customers in Boulder."
- Xcel is seeking $16.6 million from ratepayers as reimbursement for its SmartGridCity project in in Boulder.
- Wednesday began three days of hearings, after which a judge will make a recommendation to the Colorado Public Utilities Commission.
From the article:
The SmartGridCity project's failure to deliver on some goals promised to Boulder residents is no reason to block Xcel Energy from recovering $16.6 million it spent on the pilot, company officials said Wednesday. …