In order to prevent future fires in Colorado, the company said it needs nearly $2 billion

Xcel Energy submitted its long-awaited wildfire mitigation plan Thursday, seeking approval for $1.9 billion for work to protect Colorado from wildfires ignited by power equipment.

CBS News Colorado reporter in the foothills Alan Gionet explains how Xcel Energy looks to charge customers more after it says it needs $1.9 billion to prevent future wildfires in the state.