Electricity providers across the country are facing significant increases in demand for electricity from the continued electrification of transportation, homes, and businesses. Our distribution system is facing unprecedented demands that require a more proactive, forward-looking approach to planning.
On Dec. 16, 2024, we submitted our Distribution System Plan proposal to the Colorado Public Utilities Commission which will allow us to expand, strengthen and modernize the electrical system. We’re reimagining the electric grid in a way that proactively meets the evolving expectations and needs of our customers and communities – both today and in the future – in a safe, reliable, affordable and equitable manner. Our proposed plan is the next critical step towards right-sizing and modernizing the distribution system – the power substations, transformers and equipment that deliver power directly to you – so we can continue serving our 1.6 million Colorado customers reliably and affordably.
Learn more about our proposal (PDF)
Letter from Xcel Energy-Colorado president (PDF)
Read our customer notice (PDF) | Aviso al cliente (PDF)
Our Distribution System Plan represents approximately $5 billion in distribution system investments over five years. If our Distribution System Plan is approved as filed by the Commission, we anticipate it will increase the average Colorado residential electric bill by 9.01%, or about $8.71 per month by 2029. The average small business customer will see an increase of 8.45%, or about $10.24 per month by 2029.
The full story of our planning evolution and the trajectory of the grid can be found our Grid of the Future report (PDF).
If you would like to follow this proceeding, search for Proceeding No. 24A-0547E using the CPUC E-Filings System (external link).
The CPUC encourages public comments on any issue they are considering. Anyone may file a comment or objection to a proceeding online. You can also email dora_puc_website@state.co.us, call 303-869-3490 or submit comments by mail:
Colorado Public Utilities Commission
1560 Broadway, Suite 250
Denver, CO 80202
Filing materials for this proposal will be available here and on the CPUC website (external link). Search for Proceeding No. 24A-0547E.
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