Item 8.01. Other Events
Wildfire Protection Rider OnJuly 17, 2020 , PSCo filed a request with theColorado Public Utilities Commission (CPUC) seeking to establish a Wildfire Protection Rider to recover incremental costs associated with system investments to reduce wildfire risk. The rider would be effective no later thanJune 2021 and continue through 2025. Wildfire Protection capital additions are projected to total approximately$325 million . Forecasted annual revenue requirements from 2021 through 2025 are as follows: (in Millions) 2021 2022 2023 2024 2025
Forecasted annual revenue requirement
Advanced Grid Rider OnJuly 17, 2020 , PSCo filed a request with the CPUC seeking to establish an Advanced Grid Rider to recover incremental costs associated with the Advanced Grid Intelligence and Security Initiative (AGIS). The rider would be effective no later thanMay 2021 and continue through 2025. The PSCo portion of the AGIS initiative is projected to total approximately$850 million of capital additions. Forecasted annual revenue requirements from 2021 through 2025 are as follows: (in Millions) 2021 2022 2023 2024 2025
Forecasted annual revenue requirement
The Wildfire Protection and Advanced Grid riders take the place of filing a comprehensive electric rate case for PSCo in 2020. The CPUC has until the second quarter of 2021 to issue a ruling.
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Certain information discussed in this Current Report on Form 8-K is
forward-looking information that involves risks, uncertainties and assumptions.
Such forward-looking statements, as well as assumptions and other statements are
intended to be identified in this document by the words "anticipate," "believe,"
"could," "estimate," "expect," "intend," "may," "objective," "outlook," "plan,"
"project," "possible," "potential," "should," "will," "would," and similar
expressions. Actual results may vary materially. Forward-looking statements
speak only as of the date they are made, and we expressly disclaim any
obligation to update any forward-looking information. Factors, in addition to
those discussed in
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