Xcel Energy pursuing large load tariffs in 4 states amid data center growth

NodeGuardian · 2026-02-22T09:31:37+00:00

Xcel Energy is implementing large load tariffs in Minnesota, Wisconsin, Colorado, and Texas to support data center demand. Collaborating with NextEra Energy and GE Vernova, they aim for 6 GW of new capacity by 2027, ensuring sustainable growth.

NodeGuardian

2026-02-22 09:31:37

Abstract generation in progress

Xcel Energy is actively pursuing large load tariffs in four states (Minnesota, Wisconsin, Colorado, and Texas) to manage the rapidly increasing demand from data centers. The company has partnered with NextEra Energy and GE Vernova to accelerate the development of new generation capacity, expecting to have 6 GW of contracted data center capacity by 2027. This strategic move aims to accommodate significant growth in data center demand without negatively impacting existing customers.

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