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Stock impact report

Northern Colorado business park calls on Xcel Energy to revise outage policies; "We are at their mercy" [CBS News]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: CBS News
Businesses on the southwest corner of I-25 and Mulberry Street have recently experienced what Xcel calls a " Public Safety Power Shutoff ," or a temporary pause in electric service amid a severe weather event like strong winds. Businesses in the area, like American Furniture Warehouse, are now demanding that Xcel Energy makes changes to help prevent them from losing important business days due to lack of power. "We get hundreds of customers within the course of a day here," said Rich Burlingame, store manager at the AFW in Fort Collins. Burlingame said his store makes more than $3 million a month in sales, meaning a single day without power can result in them losing tens of thousands of dollars. "We are just kind of at (Xcel's) mercy right now," Burlingame said. "The customers that come out here are frustrated and mad." Burlingame's showroom is large and only has windows at the front door. The rest of the massive showroom relies on lighting to draw customers toward their pro Show less Read more
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