Another Company Prioritizing Profit so that the public can bear the Negative Externalities


As is often the case, the impacts fell hardest on the most vulnerable. Many suffered spoiled food they could barely afford to replace, insulin that nearly went bad, and the fear of relying on oxygen or other medical equipment when power was restored only to be shut off again. Local restaurants and cafes, immensely frustrated, faced a weekend of losses during what should be one of the busiest times of the year, just before the Christmas holiday.

In Q3 of 2025, Xcel energy reported profits of $1.915B. That being said, every service truck I saw in our area was old, covered in rust, and it is clear that they have been prioritizing corporate profits, by not reinvesting into the infrastructure that makes them billions. Why is it that customers are forced to bear the impacts of a company that is not undergrounding their lines and reinforcing their poles in a timely manner? Where are the detection systems that would allow the company to proactively fortify the right parts of the grid? Where are the fire resistant equipment investments? Wind storms are the new normal, and no longer a “once in a 100years” event. For a company has the insight and planning capabilities of Xcel, we demand more.
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