Sustainable: Xcel energy program subscriptions going fast
Published by Finance & Commerce on August 1, 2017.
A new Xcel Energy program offering customers an opportunity to buy renewable energy directly from the utility will help power the Minneapolis Convention Center and the University of Minnesota in the future.
“Renewable*Connect” has sold two-thirds of the 75 megawatts allotted to it since starting just over a month ago. While the cost of electricity is higher than Xcel’s standard rate, that premium hasn’t stopped businesses and government bodies from signing up, said Lee Gabler, Xcel’s senior director of customer strategy and solutions.
“I’d characterize [Renewable*Connect] as a success, a significant success,” he said. “To accomplish this in such a short window of time leaves us incredibly encouraged about the future.”