Wildfire preparedness and safety is a responsibility shared by everyone. That’s why energy providers across the country — together with their communities and state and local leaders — are working to reduce the threat of wildfires by taking a range of actions. Since 2020, we’ve invested millions of dollars in wildfire prevention and mitigation activities (external link) to protect our customers, homes, businesses and Colorado’s forests and grasslands.
On Aug. 6, 2025, the Colorado Public Utilities Commission approved our 2025-2027 Wildfire Mitigation Plan. We’re investing approximately $1.9 billion over three years, which will allow us to expand the scope, pace and scale of our wildfire mitigation work. This plan reflects Xcel Energy’s continuing focus on protecting our customers and communities while enhancing the safety of Colorado’s electric system and responding to a changing climate and more frequent severe weather events.
Read the Commission's decision (PDF)
Learn more about the plan (PDF)
The Wildfire Mitigation Adjustment, approved as part of our new multi-year plan, allows Xcel Energy to recover wildfire prevention expenses that are not covered through other charges on customer bills. Adjustments are submitted to the Commission semiannually.
Our 2024 annual report provides insight into the progress we’re making to mitigate fire risks and the effectiveness of these investments under our currently approved Wildfire Mitigation Plan. We’re fully committed to providing regulators and stakeholders with details of this work as we continue to deliver and continually improve our proactive protection initiatives.
Read our 2024 annual report (PDF)
Filing materials related to this proposal are available here. You can also follow the proceedings and access electronic filings at the Colorado Department of Regulatory Agencies (external link). Search for Proceeding No. 24A-0296E.
Filing materials related to this proposal are available here. You can also follow the proceedings and access electronic filings at the Colorado Department of Regulatory Agencies (external link). Search for Proceeding No. 20A-0300E.
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