We are pleased to let you know that key issues that will affect the Colorado solar market for years to come will be resolved through a landmark settlement filed August 15 by Xcel Energy along with COSEIA and two dozen other organizations. Our intense summer-long negotiations will resolve scores of issues raised by three different major proceedings filed by the utility.
While COSEIA was not fully satisfied with the outcome of all the issues debated for months, we decided to join in the settlement on all three dockets because we believe that on balance, the settlement represents a number of very positive developments for Colorado’s solar industry, and a better outcome than we would likely get through months of costly litigation.
The settlement was filed with the Colorado Public Utilities Commission, which is expected to seek written testimony and hold hearings before deciding on the settlement. But we wanted to let you know the highlights for our industry.