State Supreme Court rules against electric companies' appeal of community solar [Yahoo! Finance]
Xcel Energy Inc. (XEL)
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Source: Yahoo! Finance
In a Monday decision issued by Chief Justice C. Shannon Bacon just hours after hearing oral arguments in the case, justices upheld rules for the program approved by state regulators in recent years. Solar energy advocates and some state lawmakers have cast the utilities' appeal as part of a larger effort to stall a community solar initiative at every stage. Attorney and former PRC member Jason Marks told the Supreme Court at Monday's hearing community solar projects around the state have been left "in limbo" while the utility companies' appeal is pending. They lacked access to construction financing because of uncertainty created by the litigation, he said. The Legislature approved the Community Solar Act, establishing a program aimed at reducing energy costs in low-income communities, in 2021. Commissioners approved the first round of 45 community solar projects across the state in May, totaling 200 megawatts. Those projects were chosen according to rules approved by the com
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- Xcel Energy (XEL) Q1 Earnings Beat, Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
XEL
Earnings
- 4/25/24 - Beat
XEL
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/18/24 - Form S-3ASR
- XEL's page on the SEC website