Trial over Xcel’s liability in the Marshall Fire begins this week

Update, Sept. 24, 2025: Xcel and two telecom companies agreed to a $640 million settlement in the Marshall Fire lawsuits. The trial was canceled.

A trial over Xcel Energy’s potential liability in the 2021 Marshall Fire, Colorado’s most destructive wildfire, begins this week.

The trial, expected to last about two months, involves more than 4,000 plaintiffs, including homeowners, business owners and insurance companies. They argue Xcel is responsible for one of two fires that merged on Dec. 30, 2021, leaving the utility exposed to hundreds of millions of dollars in potential damages.

  • Steve D. deGuzman works at the intersection of real estate, technology, and creative projects. His experience spans real estate brokerage, digital strategy, and music production, with a focus on applying emerging tools like AI and blockchain to practical business challenges.

    In recent years, Steve has also pursued his passion for music through an independent label and shares perspectives on real estate, technology, and personal ventures on his blog. Learn more at www.stevedeguzman.com

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