Xcel Energy wants to add wind power after tax credits extended

  • Article by: David Shaffer , Star Tribune
  • Updated: February 5, 2013 - 10:52 AM

The utility said it’s well ahead of meeting state goals for wind power but will add capacity if it gets a good deal.

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kmhreadyFeb. 5, 13 3:48 PM

There are no "cost effective" wind projects when the plain English definition is applied. I believe what Xcel means is that getting the sellable renewable energy credits, the federal Production Tax Credits, and avoiding being fined by the State of MN makes buying wind "more cost effective" for Xcel than not buying more wind. None of it benefits consumers or the environment. It just spreads some of the cost out to taxpayers in other states.

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