Xcel Energy—Colorado is developing an electric vehicle program for residential and business customers, in keeping with our company’s leadership in carbon emissions reduction, our experience in Colorado with innovative clean technology, and the high priority state leaders place on EV adoption. We want to empower consumer choice with information and a high-quality customer experience in this rapidly growing market.
Senate Bill 19-077 required Colorado’s electric utilities to file detailed plans in May 2020 with the Colorado Public Utilities Commission for the development of electricity as a transportation fuel. These regulations encourage Xcel Energy to build on the work we’re doing in the electricity sector and support the transportation sector. We are already implementing programs to reduce barriers to EV adoption and help Colorado reach its goal of 940,000 electric vehicles by 2030.
Electrification of transportation touches many aspects of our business and aligns with our industry-leading carbon reduction goals. Xcel Energy seeks to reduce emissions from the electricity we provide our customers by 80% (from 2005 levels) by 2030, with a vision to provide 100% carbon-free electricity by 2050.
To find out more about electric vehicles in Colorado, visit xcelenergy.com/EV or email ElectricVehicles@xcelenergy.com
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