Hoping to give wind-energy developers the time they need to access federal tax credits, Xcel Energy Inc. on Tuesday asked Colorado regulators for permission to speed up its request for bids for wind-backed electricity projects.
If the PUC approves Xcel’s request, the utility could issue an RFP for wind energy on March 1, and seek approval from the Colorado Public Utilities Commission by October 2013.
The tax credit, worth about $22 per megawatt of wind power for the first 10 years of a wind farm’s…
Hoping to give wind-energy developers the time they need to access federal tax credits, Xcel Energy Inc. on Tuesday asked Colorado regulators for permission to speed up its request for bids for wind-backed electricity projects.
If the PUC approves Xcel’s request, the utility could issue an RFP for wind energy on March 1, and seek approval from the Colorado Public Utilities Commission by October 2013.
The tax credit, worth about $22 per megawatt of wind power for the first 10 years of a wind farm’s…