Citing cleaner, cheaper alternatives, Colorado regulators deny Xcel Energy's $2.9 billion gas system plan.

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    "url": "https://www.sierraclub.org/press-releases/2026/06/citing-cleaner-cheaper-alternatives-colorado-regulators-deny-xcel-energy-s",
    "title": "Citing cleaner, cheaper alternatives, Colorado regulators deny Xcel Energy's $2.9 billion gas system plan.",
    "assets": "methane gas pipeline system",
    "ticker": "NASDAQ:XELLL",
    "excerpt": "Citing cleaner, cheaper alternatives, Colorado regulators deny Xcel Energy's $2.9 billion gas system plan.\n\nJune 4, 2026\n\nDenver, CO - Today the Colorado Public Utilities Commission (PUC) declined to approve much of Xcel Energy's Gas Infrastructure Plan (GIP), which lays out the utility's forecasted investments in methane gas infrastructure over the coming years. The PUC largely agreed with environmental groups that Xcel must consider alternatives that better promote affordability and meet Colorado's clean energy goals.\n\nXcel requested approval of a plan to spend $2.9 billion on its methane gas pipeline system from 2025-2030 and to charge customers for this infrastructure for decades to come. The PUC rejected many of Xcel's requests for approval of its proposed gas infrastructure project budgets, citing concerns that the company is biased by its profit motive to spend more money on infrastructure that does not benefit customers or align with Colorado's climate objectives. Xcel executives are making millions of dollars each year even as customer complaints and service disconnections have increased.\n\n\"Today the PUC continues to recognize that methane gas infrastructure creates enormous societal costs on our environment and energy bills,\" said Sarah Tresedder, Senior Energy Organizer for Sierra Club Colorado. \"Continuing to invest in dated infrastructure is not economic when Xcel...",
    "summary": "Xcel Energy invested into assets: methane gas pipeline system in the amount of $2.9B in Denver, Colorado, United States, Northern America, Americas on Jun 4th '26.",
    "location": "Denver, Colorado, United States, Northern America, Americas",
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    "published_at": "2026-06-04T00:00:00Z",
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  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
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  -d '{"domain":"xcelenergy.com","limit":20}'