Item 8.01. Other Events



Wildfire Protection Rider
On July 17, 2020, PSCo filed a request with the Colorado 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 than June 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 $ 17 $ 24 $ 29 $ 32 $ 34





Advanced Grid Rider
On July 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 than May 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 $ 53 $ 69 $ 83 $ 89 $ 99

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 Xcel Energy's and PSCo's Annual Report on Form 10-K for the year ended Dec. 31, 2019, and subsequent securities filings, that could cause actual results to differ materially from management expectations as suggested by such forward-looking information: uncertainty around the impacts and duration of the COVID-19 pandemic; operational safety, including our nuclear generation facilities; successful long-term operational planning; commodity risks associated with energy markets and production; rising energy prices and fuel costs; qualified employee work force and third-party contractor factors; ability to recover costs, changes in regulation and subsidiaries' ability to recover costs from customers; reductions in our credit ratings and the cost of maintaining certain contractual relationships; general economic conditions, including inflation rates, monetary fluctuations and their impact on capital expenditures and the ability of Xcel Energy Inc. and its subsidiaries to obtain financing on favorable terms; availability or cost of capital; our customers' and counterparties' ability to pay their debts to us; assumptions and costs relating to funding our employee benefit plans and health care benefits; our subsidiaries' ability to make dividend payments; tax laws; effects of geopolitical events, including war and acts of terrorism; cyber security threats and data security breaches; seasonal weather patterns; changes in environmental laws and regulations; climate change and other weather; natural disaster and resource depletion, including compliance with any accompanying legislative and regulatory changes; and costs of potential regulatory penalties.

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