Xcel proposes $5B in system upgrades to meet EV, solar demand
DENVER — Xcel Energy Inc. (Nasdaq: XEL) plans to spend $5 billion on system upgrades in Colorado over the next half-decade.
The newly released distribution system plan aims to ensure the utility can meet growing demand for eclectic vehicles and rooftop solar panels, according to the Denver Post.
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Xcel plans to spend $5 billion on system upgrades in Colorado over the next half-decade.