December 6, 2006

Xcel Seeks Commercial Customers for Solar Projects

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Xcel Energy is looking for 7,000 megawatt-hours of solar power from commercial customers who can put photovoltaic panels on their rooftops or land in Colorado, The Denver Business Journal reports. Xcel wants the power, as well as the renewable energy credits that solar power projects generate.

Each proposal must be rated above 100 kilowatts and less than 2 megawatts in capacity in its Colorado service territory. Proposals will be due on Jan. 4, 2007 and should include the price per solar-onsite renewable energy credit and the number of credits per year. The company is issuing a second RFP as required by the Colorado Public Utilities Commission.

The RFP is on top of a June RFP Xcel issued seeking 13,000 megawatt-hours of solar power. That RFP generated 66 bids. Xcel is negotiating with bidders now.

Xcel needs to get a total of 18 megawatts of power from solar projects by the end of 2010, with half of that coming from customer-sited projects to abide by Amendment 37, which Colorado voters approved in 2004.

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