Colorado Approves 600 MW Wind Project in Time to Utilize Federal Tax Incentive
The Colorado Public Utilities Commission (CO PUC) has approved a settlement agreement allowing Xcel Energy to develop the 600 MW Rush Creek Wind Project in eastern Colorado. By commencing the project by the end of 2016, Xcel energy stands to benefit from the full value of the federal production tax credit which will be gradually phased down from next year.