DROUGHT

state moves to electri cation as part of its e ort to cut emission, gas infrastructure investments will no longer pay for themselves.

“What happens when investment outpaces sales?” she asked. “ at’s what we’ve seen in the last few years.”

Colorado planned to lease state land to Utah power company for a natural gas plant. en protests surfaced.

Senate Bill 291 calls for a study to “evaluate the risk that stranded or underutilized natural gas infrastructure investments pose.” e company does not break out gas revenue or pro ts by state, but based on the per-customer revenue provided in its annual report, the Colorado gas

Xcel Energy is planning $2.5 billion in new natural gas investments in Colorado by 2027, according to an April investors’ presentation.

Xcel Energy sells electricity in eight states, but the bulk of its natural gas business is in Colorado, where 1.5 million, or 72%, of its natural gas customers live.