NewEnergyNews More: MIDWESTERN UTILITY WANTS WIND FOR OK, TX, NM

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  • Monday, July 15, 2013

    MIDWESTERN UTILITY WANTS WIND FOR OK, TX, NM

    Xcel to Buy 700 Megawatts of NextEra, Infinity Wind Power

    Ehren Goossens, July 11, 2013 (Bloomberg News)

    “Xcel Energy Inc. (XEL), the biggest U.S. provider of wind power, plans to boost its wind capacity by about 14 percent to reduce fuel costs…Xcel’s Southwestern Public Service unit is asking regulators for permission to buy power from almost 700 megawatts of wind farms in Oklahoma, Texas and New Mexico…The deal will save customers $590 million in fuel expenses over 20 years and the wind farms will generate power at costs lower than most of Xcel’s natural gas plants…” click here for more

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