Xcel Energy Inc. subsidiary Public Service Co. of Colorado (PSCo) filed its latest wildfire mitigation plan with the Colorado Public Utilities Commission (CPUC) for the 2025-2027 period. PSCo is seeking approval of its $1.9 billion spending plan, which incorporates advanced wildfire technologies and programs across its service territory, such as a public safety power shutoff plan (PSPS), enhanced powerline safety settings, and distributed weather stations. The CPUC has yet to set the schedule for the proceeding. Although the company?s capital strategy in recent years has primarily focused on decarbonization and infrastructure replacement, PSCo serves customers in several very high wildfire areas in Colorado, according to wildfire data from the Federal Emergency Management Agency. We expect that over time a greater
