Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Xcel Energy Inc    XEL

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Xcel Energy Inc : Restoration continues from Colorado flooding

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/13/2013 | 09:07pm CEST

Rain continues to fall in Boulder County and throughout metro Denver, with forecasts for thunderstorms throughout the weekend.

In Boulder, we have implemented plans and deployed our skilled employees, working around the clock to monitor risks, assess and repair damaged facilities and maintain natural gas and electric service to customers. We continue to focus on the safety of our crews and the public. Click here for safety tips

We are working under unique conditions due to the continuing storms. We cannot access much of our remaining damaged equipment until waters recede or roads are cleared and passable, however, we have the personnel and equipment ready to restore service as quickly as possible when it is safe to do so and have made progress in areas that are open to us.

Communicating with customers is a high priority. We will use a variety of tools to ensure you are kept updated on your natural gas and electricity service.

Outage numbers and priority efforts:

We have approximately 7,000 customers out in the Boulder County area.
There are four poles down and several cabinets underwater.
Most of Nederland Colo. is without electric service due to access restrictions.
We have successfully restored service to all but 336 customers in Lafayette (originally 1577 out); those customers are served by a cabinet that's flooded.
In other parts of Colorado, there are approximately 700 customers without power. About 250 of those customers are affected by a flooded switch cabinet in Aurora at the intersection of Lansing and Alameda.
We will launch outbound call and e-mail campaigns to customers without electricity service and will target customers by outage cause as possible.

As an important safety reminder, if you ever detect a sulfur or "rotten egg" smell inside your home, it could be the odorant we put in natural gas to help detect leaks. If you notice that smell, leave your home immediately. Do not turn any electrical devices on or off and never use any phone until you are outside and safely away from the area. Then call 911 or call us at 1-800-895-2999 for any gas situations.

Natural Gas Update

We have approximately 2556 customers without natural gas service. The status of most of the areas of concern has not changed overnight. Exceptions include:

·        Dillon: Work that commenced yesterday was not completed due to high waters and the position of a truck in the water by the pipe. Though the line remains in service, crews must attend to the line but are having difficulty travelling to the location.

·        Estes Park: Crews are tending to damaged lines as possible.

·        Pratt/Missouri: A four-inch line is exposed and repairs are underway.

·        82nd/Quaker: The road leading to the pipe has been washed out we continue to monitor the situation.  

·        Loveland: Water from the Big Thompson River washed over some of the pipe last night. Crews will make repairs to the 8-inch line as conditions allow.

·        104/Brighton/Platte: Water is covering pipes, so we cannot check the condition. We have concluded that they are likely okay. We have an isolation plan ready to execute if needed.

New situations:

·        We have new incidents reported in Ft. Collins, in particular an Xcel Energy sub-station at College and Vine is now underwater and we are developing an isolation plan for it.

·        Numerous reports of exposed pipe which will need to be checked when possible.

We continue to develop plans to restore service using some assumptions based upon our knowledge of the materials and equipment involved and locations. We are contacting neighboring utilities to determine if/how they can assist us in restoration, including Colorado Springs Utilities, Black Hills, Public Service of New Mexico, NSPW and NSPM.

A helicopter may be available to us today. If so, we hope to have one electric and one natural gas person in the helicopter to fly over trouble areas and assess damage.

As an important safety reminder, if you ever detect a sulfur or "rotten egg" smell inside your home, it could be the odorant we put in natural gas to help detect leaks. If you notice that smell, leave your home immediately. Do not turn any electrical devices on or off and never use any phone until you are outside and safely away from the area. Then call 911 or call us at 1-800-895-4999.

In addition, if customers have appliances (furnaces, etc.) that have been underwater, they should have them checked before turning their natural gas on.

Please follow updates on Facebook and Twitter
@XcelEnergyCO, #boulderflood,  #COflood, #coloradoflood

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on XCEL ENERGY INC
11:48a A SOLAR FARM FOR 100 HOMES : A first for St. Paul, and the state
08/18 XCEL ENERGY : Minneapolis Mayor's Proposed Budget Unlocks $2M+ for Clean Energy
08/14 XCEL ENERGY : Nederland aims for 100 percent renewables by 2030 -- if not sooner
08/09 XCEL ENERGY : Begins Switch to More Efficient LED Streetlights in Mankato and No..
08/08 XCEL ENERGY : Wind Projects Deliver for Customers and Communities
08/07 XCEL ENERGY : 6,700 Xcel customers are without power
08/05 XCEL ENERGY : Galesville dairy wins potential record stray voltage case against ..
08/04 XCEL ENERGY : Boulder bristles as Xcel advocates for one-year pause in muni proc..
08/03 XCEL ENERGY : Second Quarter 2017 Earnings Report
08/03 XCEL ENERGY : denies obstructing Boulder bid for energy independence
More news
News from SeekingAlpha
08/16 Xcel Energy (XEL) Presents At Barclays Kohler Conference - Slideshow
08/08 MONTHLY REVIEW OF DIVGRO : July 2017
08/07 How To Plan For Retirement At 45 With Dividend Stocks
07/31 My 86 Stock Quality Control Purchasing And Selling Portfolio Plan And Review ..
07/29 Xcel Energy Inc 2017 Q2 - Results - Earnings Call Slides
Financials ($)
Sales 2017 11 806 M
EBIT 2017 2 343 M
Net income 2017 1 178 M
Debt 2017 15 179 M
Yield 2017 2,94%
P/E ratio 2017 21,17
P/E ratio 2018 20,04
EV / Sales 2017 3,39x
EV / Sales 2018 3,34x
Capitalization 24 880 M
Chart XCEL ENERGY INC
Duration : Period :
Xcel Energy Inc Technical Analysis Chart | XEL | US98389B1008 | 4-Traders
Technical analysis trends XCEL ENERGY INC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 47,4 $
Spread / Average Target -3,3%
EPS Revisions
Managers
NameTitle
Benjamin G. S. Fowke Chairman, President & Chief Executive Officer
Kent T. Larson President-Group Operations & Executive VP
Robert C. Frenzel Chief Financial Officer & Executive Vice President
A. Patricia Sampson Independent Director
Richard K. Davis Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
XCEL ENERGY INC20.39%24 880
DUKE ENERGY CORP11.29%60 462
IBERDROLA12.45%52 080
DOMINION ENERGY INC2.00%50 565
SOUTHERN CO-2.58%48 275
EXELON CORPORATION5.95%36 474