Xcel's wildlife prevention plan would use nearly $2 billion of customers' dollars

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Xcel just filed its wildfire mitigation plan consisting of hundreds of documents.

has plans to prevent future wildfires. Yes, it includes the ability to shut off your power on purpose as a precaution. Yes, it includes burying miles of power lines underground. Yes, it costs a lot of money.

What do you get for $9 a month, if the Colorado Public Utilities Commission approves the first version of the wildfire mitigation plan?The company will add to its artificial intelligence camera system to detect wildfire smoke automatically. “Everything that we're putting in there are for the purposes of protecting the public and mitigating the risk of an ignition of a wildfire. With respect to the PSPS, I think the footnote that you just read is another way of saying you can’t prove a negative,” Kenney said.

Kenney did not know where the 50 miles of power line undergrounding would take place but defended the $200 million estimate. “The commission does set our return on equity,” Kenney said. “The nature of our business is that for every dollar that we earn, we invest several dollars back into the state of Colorado through system hardening and through other investments, whether it's this plan, whether it's the Clean Energy Plan, whether it's the Clean Heat Plan.”

 

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