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04/19/2006

Latest Letter to the Denver Post

To: Colorado PUC
CC: The Denver Post Open Forum,Governor Owens, 4 Senators, and 10 Representatives
Date:  04/19/06
Subject: How Xcel is Defrauding Colorado Energy Customers

I'm a retired North Denver native living in Highlands Ranch and would appreciate you printing this letter in The Denver Post. I have done my own research and it is correct to the best of my knowledge & ability to read reports submitted to the SEC.  

In late 2005 Wayne Brunette, Xcels CEO, resigned/retired after working there 4 years. His EXIT PACKAGE was/is:

1.) $1,000,000.00 yr lifetime retirement salary, + benefits = potentially........... $20,000,000.00

2.) 6 month consulting contract (Help new CEO get settled).............................$4,300,000.00

3.) Common Stock.......................................................................................$5,500,000.00

4.) 3 yr Performance Package (Total share return) ...............................Cash   $1,000,000.00

                                                                        .............................Shares   $7,335,999.00

5.) Corporate goal - Incentive - (set by corp.) ...................................................$  292,976.00

                                                                                     TOTAL HAUL........ $38,428,975.00

Does this "money grabbing" make anyone else "other" than me sick and/or upset ? ? ? ?

People that don‘t care thus far........: Governor Owens, 10 representatives, 4 senators, and the PUC Board thinks Xcel is a publicly traded stock company and can pay their executives anything they care too.  Bottom line - Xcel is not a “typical“ stock company because they have no competition (by law), and has us as a captive customer (monopoly).

I feel one of two things needs to happen;   1.) Xcel needs to be ousted from Colorado, and the Public Service Co. of Colorado reinstated, or    2.) The PUC is given the authority to CONTROL ALL OF XCEL’S CHARGES, thus eliminating this corporate greed we are currently being subjected too. Call your Representative, Senator, Governor, and PUC Board.  Lets raise "heck" and put a stop to these Parasites called Corporate Officers.       Thank You.

Bernard Moore, 2731 W Rockbridge Cir., Highlands Ranch CO 80129, 303-470-8045 - 303-886-8697 cel  

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