Steven Lewis

Steven Lewis asked about the impact of the updated 6 GW data center pipeline on the 5% long-term sales growth, when updated IRPs would reflect this load growth, and how it translates into capital. He also inquired about the tranching of Colorado's near-term RFPs, specifically the 2.1 GW company-owned portion within the 4.9 GW portfolio, and the timeline for these tranche updates.

Answer

Brian Van Abel, EVP and CFO, confirmed the 6 GW data center opportunity would provide sales growth, likely impacting the 2029-2030 timeline and extending growth beyond 2030. He noted that data center resources might be packaged with ESAs rather than solely through standard IRPs for faster regulatory approval. Bob Frenzel, Chairman, President, and CEO, added that modest sales and capital investments are expected later this decade, with a full update in Q3. Regarding Colorado RFPs, Bob Frenzel explained that about 1 GW of projects, including a gas plant, were approved in the last deliberation. The commission is now analyzing a new portfolio that could include up to 1 GW of company-owned solar plus storage in a second tranche, with a third tranche possible in the first half of the year.