AI English summary of an SEC filing — figures as filed
The company said that on June 27, 2024, its subsidiary Public Service Company of Colorado (PSCo) filed an Updated Wildfire Mitigation Plan with the Colorado Public Utilities Commission, along with a request for cost recovery covering 2025 to 2027. The estimated total cost of the plan is approximately $1.9 billion.
Key points
AI summaryThe company said that on June 27, 2024, its subsidiary Public Service Company of Colorado (PSCo) filed an Updated Wildfire Mitigation Plan with the Colorado Public Utilities Commission, along with a request for cost recovery covering 2025 to 2027. The estimated total cost of the plan is approximately $1.9 billion.
The company estimated total spending for the proposed plan, covering capital investments and O&M expenses, at $1,855 million for 2025 to 2027. By year, it estimated $513 million for 2025, $584 million for 2026 and $758 million for 2027.
The company estimated total capital investments for 2025 to 2027 at $1,602 million. Of that, System resiliency accounts for $1,344 million, Operational mitigations for $207 million and Situational awareness for $51 million.
The company said it estimated total O&M expenses for 2025 to 2027 at $253 million, including $190 million for System resiliency. It said a CPUC decision is expected in early 2025.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Updated Wildfire Mitigation Plan filed with total cost of about $1.9 billion
The company said that on June 27, 2024, its subsidiary Public Service Company of Colorado (PSCo) filed an Updated Wildfire Mitigation Plan with the Colorado Public Utilities Commission, along with a request for cost recovery covering 2025 to 2027. The estimated total cost of the plan is approximately $1.9 billion.
Source · Based on the filing body and exhibits
Estimated Total Spending for 2025 to 2027 at $1,855 million
The company estimated total spending for the proposed plan, covering capital investments and O&M expenses, at $1,855 million for 2025 to 2027. By year, it estimated $513 million for 2025, $584 million for 2026 and $758 million for 2027.
Source · Based on the filing body and exhibits
Total Capital Investments at $1,602 million, System Resiliency at $1,344 million
The company estimated total capital investments for 2025 to 2027 at $1,602 million. Of that, System resiliency accounts for $1,344 million, Operational mitigations for $207 million and Situational awareness for $51 million.
Source · Based on the filing body and exhibits
Total O&M Expenses at $253 million and CPUC Decision Timing
The company said it estimated total O&M expenses for 2025 to 2027 at $253 million, including $190 million for System resiliency. It said a CPUC decision is expected in early 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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