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Wednesday, July 16, 2008

'Bout Those Energy Costs

Denver Post follows up on their utility company's customers getting disconnected. 

Xcel Energy estimates that it will shut off 47,000 Colorado customers for delinquent bills during the second and third quarters of this year, a staggering 140 percent increase over the same period in 2005 ...

Maybe they should just take a deep breath.

Utilities nationwide are turning off more nonpaying customers amid a sluggish economy and surging food, gasoline and power costs.  In the past six months, the rate Xcel charges customers to cover the cost of coal and natural gas — the utility's main fuels used for generating electricity — has nearly doubled. ...

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