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COLUMN: Escaping Colorado s minimum-wage trap

COLUMN: Escaping Colorado s minimum-wage trap (copy)

CALDARA | Xcel runs up the tab as PUC looks on

Xcel Energy is the goliath power monopoly “serving” a vast number of Coloradans. And their mission is to put the interest of their ratepayers, euphemistically called “customers,” well behind their shareholders. I’ve mentioned this, but it deserves repeating. Your electric rates should be the lowest in 20 years. Demand for electricity is at its lowest thanks to conservation and technological, power-saving advancements. You are using less power than you ever have. At the same time the cost of the fuel that creates electricity is at an all-time low. The floor has fallen out of the coal market; just ask the unemployed folks in coal towns such as Craig. And technology, namely hydraulic fracturing, has unlocked massive and inexpensive reserves of oil and gas.

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