Xcel Energy will spend $9-$10 billion on new transmission and energy generation as it leaves coal behind. Just how important is this investment?
charging infrastructure
Xcel as a transportation company
As required by Colorado law, Xcel Energy has plans to heavily invest in charging infrastructure for electric vehicles. one analyst says that the electric utility is, in effect, becoming a transportation company, too.
Xcel Energy thinks big in EV charging
Xcel Energy proposes to spend $102 million in laying out charging infrastructure in its service territory in Colorado, where the state has a goal of rapidly expanding EV sales to 42% of all cars sales by 2030.
