Public Service Co. Of Colorado - S&P Global Ratings’ Credit Research

Public Service Co. Of Colorado

Public Service Co. Of Colorado - S&P Global Ratings’ Credit Research
Public Service Co. Of Colorado
Published Jul 05, 2023
11 pages (4098 words) — Published Jul 05, 2023
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Fully regulated electric and natural gas utility strategy. Climate change. Large base of stable electric and natural gas customers. Weakening regulatory jurisdiction. Energy transition plan with an approved accelerated timeline. Limited geographic and regulatory diversity. Earlier this month, the Boulder County Sherriff?s Office concluded its investigation into the cause and origin of the late 2021 Marshall Fire. The investigation stated that one of the two fires was most likely started by arcing power lines owned and managed by PSCo; however, the investigation found no evidence of criminally negligent or reckless system design or maintenance and instead pointed to the extraordinarily high winds that caused the lines to arc. More than 1,000 homes and commercial structures

  
Brief Excerpt:

...We expect more class action lawsuits to be filed against Public Service Co. of Colorado's (PSCo) parent Xcel Energy Inc. Earlier this month, the Boulder County Sherriff's Office concluded its investigation into the cause and origin of the late 2021 Marshall Fire. The investigation stated that one of the two fires was most likely started by arcing power lines...

  
Report Type:

Full Report

Ticker
3487Q
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Public Service Co. Of Colorado" Jul 05, 2023. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Public-Service-Co-Of-Colorado-3015964>
  
APA:
S&P Global Ratings’ Credit Research. (). Public Service Co. Of Colorado Jul 05, 2023. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Public-Service-Co-Of-Colorado-3015964>
  
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