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Stock impact report

Xcel prepares for possible power shutoffs in Denver area Monday due to high wind, fire risk [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
Xcel officials said that they're evaluating the potential need to proactively turn off power to Adams, Boulder, Jefferson and eastern Denver county customers on Monday in order to prevent wildfires. They said the temporary shutoff would begin around 11 a.m. "Temporarily shutting off power – known as a Public Safety Power Shutoff (PSPS) – is not a step taken lightly and is only used when other methods are not enough to help prevent wildfires," Xcel said. City of Boulder and Boulder County officials said they expect to have a definitive decision on the proactive power shutoff by Sunday evening. Even without the shutoff, Xcel said the extreme weather conditions and high winds could affect power lines, leading to power outages. They said that Enhanced Powerline Safety Settings have been activated across Northern Colorado, which will allow them to quickly stop the flow of energy if something touches the line. Although the settings improve public safety, Xcel advised the community th Show less Read more
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