NEWS: Xcel Energy is rushing to get wind, solar projects online before door closes on tax credits

Xcel Energy is fast-tracking 4,500 MW of new generation and storage in Colorado to lock in federal tax credits before they vanish. (Colorado Sun)

  • The plan: 4,000 MW of renewables, 300 MW of gas, and 200 MW of gas or storage. Half would be utility-owned, half from independent producers.ย 

  • The clock is ticking: Projects must break ground by July 2026 or be online by the end of 2027 to qualify for credits worth up to half of project costs.

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