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Our Energy Future

The Colorado Energy Plan


Now is the perfect time to take advantage of our state’s abundant renewable energy resources and available incentives that significantly lower the price you pay for electricity. That’s why Xcel Energy and a diverse group of stakeholders presented the Colorado Energy Plan to our state regulators, as part of our Electric Resource Plan proceeding. The Colorado Public Utilities Commission approved the Plan in August 2018.

With this approval, Xcel Energy now moves forward to implement the Plan, which includes new wind and solar capacity. It allows Xcel Energy to invest in Colorado’s economy, reduce emissions, and ensure reliable, affordable electricity years into the future. When complete, we will achieve nearly 55 percent renewable energy on our power grid by 2026, and reduce carbon emissions by about 60 percent from 2005 levels—all while keeping customer bills low.

Get details of the Electric Resource Plan on the Colorado Energy Plan page.

Learn how we're exceeding climate targets and keeping Colorado at the forefront of the clean energy transition in our 2017 Corporate Responsibility Report.

Energy Saving Tip

Set your hot water heater to no higher than 120 degrees Fahrenheit. This isn't just energy smart—it's also safer, since it reduces the likelihood of accidental burns.

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Break Ground, Not the Law

Always call 811 before digging in your yard to avoid hitting buried gas or electric lines. Not only is it the safe thing to do, but it's the law.

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