A tale of two states: utility overspending and high energy bills

Colorado and Minnesota regulators took opposing approaches to utility gas infrastructure spending. Colorado rejected Xcel Energy’s $567 million gas expansion plan, favoring cheaper electric alternatives, while Minnesota upheld line extension allowances (LEAs), allowing gas utilities to charge customers for new pipelines. Minnesota’s decision risks higher bills and delays clean energy transitions as gas use declines and electric options like heat pumps gain popularity.