Xcel Energy’s $2.5B Plan to Shift From Coal to Renewable Power in Colorado

The Colorado Public Utilities Commission has cast its vote in favor of Xcel Energy’s ambitious “Colorado Energy Plan” that will cut the company’s CO2 emissions by 60 percent and increase the share of renewable sources in its energy mix to 55 percent by 2026.

In addition to reducing its environmental footprint, the plan will also save Xcel Energy’s customers about $213 million over this period.