Commercial energy efficiency programs shut down by Xcel Energy after it overspent its 2024 budget are back up and running after a decision by state utility regulators allowing the company to move $34 million from next year’s energy rebate budget to fill the gap. In July, the Public Service Company of Colorado, an Xcel subsidiary, filed for emergency relief with the Colorado Public Utilities Commission saying that it had spent more than $74 million of its $92.9 million budget for the year and had stopped paying commercial energy efficiency rebates. The PUC had approved a $78 million residential and commercial demand side management, or DSM, budget with about 20% cushion. The utility wa
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