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Xcel Energy responds to Texas wildfire involvement

EditorAhmed Abdulazez Abdulkadir
Published 03/07/2024, 10:37 AM
© Reuters.

MINNEAPOLIS - Xcel Energy (NASDAQ:XEL), a utility company providing energy services across eight Western and Midwestern states, has acknowledged the involvement of its facilities in igniting the Smokehouse Creek fire in the Texas Panhandle. In a recent statement, the company expressed its support for the affected families and communities, while also commending the first responders for their efforts.

The company has been active in the region for over a century through its subsidiary, Southwestern Public Service Company (SPS), and is now facing scrutiny over its infrastructure's role in the wildfire. Despite disputing claims of negligence in maintaining and operating its infrastructure, Xcel Energy has set up a claims process for those who suffered property damage or livestock loss due to the Smokehouse Creek fire, prioritizing claims from individuals who lost their homes.

Initial reports from authorities on March 5 indicate that the Smokehouse Creek fire destroyed 47 occupied homes in Hemphill County and up to 17 in Roberts County. In Hutchinson County, also affected by the Windy Deuce fire, the number of homes lost to the Smokehouse Creek fire is believed to be fewer than in Hemphill County, but these figures are subject to revision as more details emerge.

Xcel Energy has stated that it does not believe its facilities caused the Windy Deuce fire, which reportedly damaged many structures in and around Fritch, Texas, and is not aware of any allegations of its facilities causing this fire.

Bob Frenzel, Chairman, President, and CEO of Xcel Energy, emphasized the company's commitment to the community's renewal and recovery. Xcel Energy plans to continue collaborating with regulators and policymakers to evaluate wildfire risks and develop effective mitigation strategies to ensure public safety and system resilience.

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The company, headquartered in Minneapolis, is recognized for its efforts in reducing carbon emissions and providing clean energy solutions from renewable sources. This announcement is based on a press release statement from Xcel Energy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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