A bright, cleaner energy future
We’re committed to building a cleaner energy future. Through renewable projects, energy efficiency programs, and electric vehicle initiatives, we help customers reduce their carbon footprint while keeping energy reliable.
What we’re doing:
- Expanding renewable energy resources
- Offering rebates for energy-efficient upgrades
- Supporting EV adoption through education and incentives
Our commitment to a cleaner energy future
We’re committed to a cleaner energy future. Our work focuses on adding low and zero‑carbon resources, expanding battery storage and retiring or converting fossil fuel plants across our system. Our approved Colorado resource plan includes about 300 MW of solar energy and 50 MW of battery storage by 2030. We’re also converting the Neil Simpson II coal plant to operate as a dual‑fuel unit and planning the retirement or conversion of our remaining coal and diesel plants.
Since 2005, we’ve built a more modern, reliable generation fleet by retiring five coal plants, adding 201.7 MW of owned wind energy and expanding natural gas capacity with efficient heat recovery systems. These systems use exhaust heat to create additional electricity without added emissions. Natural gas continues to support grid stability as we grow our renewable energy resources.
Expanding energy resources
To meet the energy needs of the future, we need all our energy resources working together. We take a balanced approach that includes renewable energy projects, system modernization and smarter technologies – while maintaining reliable and safety across the state.
A key strategy to achieving our greenhouse gas (GHG) reduction goals is to own, operate and purchase renewable energy. In addition to company owned and operated renewable energy sources, we leverage Power Purchase Agreements, or PPAs, to meet customer needs and help achieve our GHG reduction goals.
Some of our renewable energy resources in Colorado include:
Busch Ranch I hosts 16 wind turbines that generate roughly 29,000 kW of power, supporting Colorado’s goal to reduce greenhouse gas emissions associated with retail electric sales by 80% by 2030.
Completed in 2019, this wind facility powers 28,000 homes and is a milestone in achieving 30% renewable energy for our Colorado customers.
Located in southern Colorado, Peak View was the company’s first regulated electric utility rate-based renewable energy investment and serves more than 94,000 customers.
All our renewable energy projects work together to provide reliable and sustainable power to the state. Our approved Clean Energy Plan includes utility-scale solar and battery storage projects that will be constructed in Pueblo County and a wind energy project in northeastern Colorado. We will continue to seek more opportunities to expand our renewable energy resources to serve Colorado now and into the future.
Ready EV
Our Ready EV program provides rebates and incentives to further the adoption of electric vehicles throughout our electric service territory.
In May 2024, we received the final decision from the Colorado Public Utilities Commission regarding our second Transportation Electrification Plan (TEP) for plan years 2024-2026. We are excited to be moving forward with this new iteration of our TEP and are proud of the programmatic changes that have been made.
The program also includes the development of a new grant program that will aid funding for EV chargers at multi-family housing properties regulated by the Department of Housing and Urban Development.