Xcel Energy subsidiary files $10.8B Colorado Resource Plan with CPUC; aims to exit coal by 2030

XCEL ENERGY INC

PSCo filed Preferred Plan with CPUC on Sept 18, 2023, seeking approval for $7.9B generation and $2.9B transmission investments.
Plan targets exit from coal by end of 2030, doubling wind/solar from 2022 levels, and >80% GHG reduction vs 2005.
Average annual customer rate impact of ~2.3% under the Preferred Plan, inclusive of generation and transmission costs.
Preferred Plan includes 7,192 MW total resources: 3,406 MW wind, 1,969 MW solar, 1,170 MW storage, 628 MW natural gas, 19 MW biomass.
CPUC decision expected in Q4 2023.

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