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PUC reviews $155M Mountain Energy settlement; commissioners split on cost allocation and delay final vote
Summary
Commissioner Gilman recommended approving a settlement for the Mountain Energy Project with modifications to protect ratepayers and accelerate market‑based alternatives; commissioners acknowledged a settlement but deferred a final vote while debating cost recovery, a proposed $3,500 hookup fee for new customers, and reporting requirements.
Commissioner Gilman presented an initial decision recommending the commission accept a settlement agreement for the Mountain Energy Project, a roughly $155 million proposal by Public Service Company of Colorado to address capacity shortfalls in the Eastern Mountain Gas System.
Gilman said the settlement includes an immediate Market Participation Alternatives (MPA) portfolio to reduce peak gas demand, a supplemental supply component (compressed natural gas and liquefied natural gas tanks) and an interim regulatory filing in 2028 to refine the longer‑term path. He recommended modifications including…
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