Xcel Energy seeks to provide reliable, safe, affordable and clean energy to power the communities we serve. As part of our commitment to safety, we’re continually making strategic investments and improvements to support our power grid, build resilience and increase our situational awareness to mitigate wildfire risk. Since 2020, we have invested over $500 million in a variety of wildfire mitigation activities to help protect our customers, homes, businesses and Colorado’s forests and grasslands.
To learn more about these programs, visit XcelEnergyWildfireMitigation.com (external link).
We submitted a proposal to the Colorado Public Utilities Commission to expand the scope, pace and scale of our wildfire mitigation work. Our 2025-2027 Wildfire Mitigation Plan reflects Xcel Energy’s continuing focus on protecting customers, enhancing the safety of Colorado’s electric system and keeping the lights on while responding to a changing climate and more frequent severe weather events. As wildfire risks continue to evolve, so do the tools we are using to protect customers and communities.
Learn more about the proposal (PDF)
Introductory filing letter from Xcel Energy-Colorado president (PDF)
Read our customer notice/aviso al cliente (PDF)
Legal notice (PDF)
We’re requesting $1.9 billion to execute the Wildfire Mitigation Plan. If approved, by the end of 2027 a typical residential bill would increase by approximately 9.56%, or $8.88 per month, through incremental bi-annual changes. We have proposed a wildfire rate adjustment twice a year for recovery of actual costs, with a true up for any under or over collections. Even with these changes, Xcel Energy residential customers’ electric bills will remain among the lowest in the country.
Our 2023 annual report provides insight into the progress we’re making to mitigate fire risks and the effectiveness of these investments under our currently approved Wildfire Mitigation Plan. We’re fully committed to providing regulators and stakeholders with details of this work as we continue to deliver and continually improve our proactive protection initiatives.
Read our 2023 annual report (PDF)
Filing materials related to this proposal are available here. You can also follow the proceedings and access electronic filings at the Colorado Department of Regulatory Agencies (external link). Search for Proceeding No. 24A-0296E.
Filing materials related to this proposal are available here. You can also follow the proceedings and access electronic filings at the Colorado Department of Regulatory Agencies (external link). Search for Proceeding No. 20A-0300E.
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