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Dive Brief:
Xcel Energy subsidiary Southwestern Public Service will receive $113 million in state funding to replace power poles, install grid monitoring equipment and bolster resilience for 167,000 customers in the Panhandle and South Plains areas of its Texas service territory.
“This grant will go a long way in improving reliability for our customers, and we’re grateful for the investment in our region,” Brad Baldridge, interim president at SPS, said in a Wednesday statement.
The award is being made through the Texas Energy Fund’s non-ERCOT grant program, for reliability improvements in areas of the state with utilities outside the Electric Reliability Council of Texas footprint. The program launched in 2024 to fund generation and grid upgrades following widespread blackouts during Winter Storm Uri in 2021.
