secwatch.observer — SEC 8-K summary
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Issuer:     XCEL ENERGY INC (XEL)
CIK:        0000072903
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0000072903-23-000136
Event type: regulatory
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72903/000007290323000136/0000072903-23-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000007290323000136/xel-20230918.htm
  HTML page:      https://secwatch.observer/filing/0000072903-23-000136

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