The Colorado Public Utilities Commission unanimously approved Xcel Energy’s 2025-2027 Wildfire Mitigation Plan last month — leading to nearly $2 billion in investments to reduce fire risk.
The June 5 approval built upon a unanimous settlement reached in April with stakeholders including 11 organizations, municipalities and companies. The mitigation plan will look to reduce the chances of Xcel’s equipment starting or reinforcing a wildfire, according to a press release from the PUC.
“The Commission’s approval of our Wildfire Mitigation Plan is significant as it allows us to quickly implement important projects to protect our customers and communities from wildfire risk. We worked closely with a large coalition of stakeholders representing customers, businesses, government and agencies to put forth a plan designed to keep our customers and communities safe, while keeping bills low,” Robert Kenney, president of Xcel Energy-Colorado, said in a press release on June 6…