Xcel Energy Proposal on Data Centers Includes Tariff on Large Load Users

Dow Jones04-03

By Kelly Cloonan

Xcel Energy submitted a proposal to the Colorado Public Utilities Commission aimed at addressing rising concerns about the growth of its business with data center customers.

The energy provider said Thursday it is proposing a tariff on large load users of electricity meant to ensure its new customers pay to meet their own needs, and not shift those costs to other customers.

Under the proposal, large load customers would pay for the power infrastructure needed to serve them, including transmission, substations and interconnection upgrades as well as new electric generation. If approved, the large load tariff would apply to new customers or expansion of existing electric loads of 50 megawatts or more. New customers using 20 to 50 megawatts may also be subject to the tariff.

The proposal comes as existing customers have grown concerned that they would be subsidizing Xcel's new, large load customers.

"We understand and share customer concern over the immense energy needs of new, large customers, such as data centers," Xcel President Robert Kenney said. "At the same time we recognize these large customers bring the potential for jobs, investment and innovation to our communities."

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 02, 2026 19:02 ET (23:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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