Denver, Colorado - Yesterday, the Colorado Public Utilities Commission (PUC) issued a decision that approves Xcel Energy’s $110 million transportation electrification plan, a three-year effort to deploy up to 20,000 electric vehicle (EV) charging stations at residential, commercial, and public sites in Colorado and support vehicle electrification through rebates, advisory services and research projects. Xcel Energy’s Transportation Electrification Plan is the first approved by the Commission under a law passed in 2019 that required Colorado’s electric utilities to develop EV plans and will help support the State’s goal to put nearly one million EVs on Colorado roads by 2030.
Key highlights of the program include: