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 Corporate Responsibility Report.
Our Energy Future is our promise to exceed customers' expectations in producing and delivering power that is responsible, safe, affordable, and reliable. It's built on three key elements:
We're working with customers, business leaders, communities, and state officials to keep Colorado at the leading edge of energy policy. After all, it's everyone's energy future.
Take a look at what’s happening:
In its clean energy plan, Xcel Energy builds on a history of innovation.
Updating the grid will provide more reliable energy, and more control and choice for customers.
Now delivering enough clean energy to power 325,000 homes.
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