Democratic lawmakers are reportedly upset about utility companies earning record-breaking profits—but did their policies contribute to them? We believe the answer is yes. Big Profits for Big Power Companies There is no question that utility profits are indeed soaring across the country. Our analysis, which examined the top 50 U.S. utilities using S&P Global Market Intelligence data and […]

Sarah Montalbano In 2018, Xcel Energy, an investor-owned utility serving millions of customers across eight states, was the first U.S. utility to pledge to deliver 100% carbon-free electricity by 2050. Eight years later, Xcel is pleading with Colorado regulators to let it continue running its coal plants until 2030. What happened to “steel for fuel,” […]