Xcel Energy has submitted a proposal to ramp up its wildfire mitigation plan in Colorado. The plan includes increasing weather awareness, preemptive power shut-offs, investing in new equipment, and adding customer support systems. This initiative is driven by drier weather and changing climate conditions, which make the investment worthwhile according to Robert Kenney. However, the plan is expected to result in higher utility bills for Colorado residents, with an estimated 10% increase over four years.
Californians across the state are paying the price for wildfires — in rising bills that have stirred deep anger. On a per-person basis, the costs are eye-popping. https://t.co/bYWNWWMypL
Colorado utility bills may increase 10% over four years to pay for wildfire mitigation Xcel Energy said it’s expanding its work and programs to minimize risk associated with wildfires possibly caused by electric equipment. Read more ⬇️ https://t.co/o8b6LlL2Cn
Robert Kenney: Drier weather, changing climate, make Xcel’s wildfire plan for Colorado worth the investment https://t.co/vUajxeB9kM
Xcel Energy announces plans to review their Q2 2024 financial results on August 1, 2024 at 9:00am Central Time. To participate, dial 1-866-58. $XEL
Xcel’s proposed wildfire mitigation plan comes with higher bills, more pre-emptive shutdowns https://t.co/eDkw6Y67Xx
Xcel Energy plans to ramp up its Colorado wildfire mitigation plan by increasing weather awareness and preemptive power shut-offs, investing in new equipment and adding customer support systems, according to a proposal submitted today. https://t.co/6tixN29htC