Xcel Energy subsidiary awarded $113 million grant for grid improvements
The grant funds three projects to strengthen electric reliability and reduce costs for over 167,000 Texas customers.
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Electric and natural gas utility
xcelenergy.comLast updated
In short: Xcel Energy advanced infrastructure projects, faced regulatory challenges over rate hikes, and implemented AI-driven wildfire detection.
The grant funds three projects to strengthen electric reliability and reduce costs for over 167,000 Texas customers.
The tariff requires new large customers to pay 100% of service costs with 15-year commitments and exit fees.
About 40,000 customers are affected, mostly in the Twin Cities East Metro. About 275 crews are restoring service; customers should report outages via app, text, or phone.
The report shows 58% carbon reduction from 2005 levels and a $60B capital plan for clean energy.
"What we're seeing is a real stress on families right now regarding energy bills, which is something that we've been hearing over and over...
On Thursday, July 30, 2026, Xcel Energy (NASDAQ: XEL) will host a conference call to review second quarter 2026 financial results. The earnings report will...
The cooperative has approximately 45,000 members. Crews are working with Xcel Energy to restore...
Denver's council committee advanced a 20-year Xcel franchise, preserving millions for the city and adding bill-assistance and undergrounding funds.
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