Xcel Energy subsidiary files $1.9B wildfire mitigation plan with Colorado regulators

XCEL ENERGY INC

PSCo filed a $1.9B Updated Wildfire Mitigation Plan (2025-2027) with the Colorado PUC.
Capital investments total $1.6B; O&M expenses $253M; highest spend in 2027 ($758M).
Program includes situational awareness (AI cameras), operational mitigations (PSPS), system resiliency (undergrounding), customer support.
CPUC decision expected in early 2025; cost recovery request included.

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