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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 or 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934


        Date of report (Date of earliest event reported) July 2, 1997


                       PUBLIC SERVICE COMPANY OF COLORADO
                   ----------------------------------------
              (Exact Name of Registrant as Specified in Charter)


                                    Colorado
                             --------------------
                          (State or Other Jurisdiction
                                of Incorporation)


               1-3280                                  84-0296600
          ----------------                          -----------------
        (Commission File No.)                         (IRS Employer
                                                   Identification No.)


      1225 Seventeenth Street, Denver,  Colorado          80202
      ---------------------------------------------------------------------
      (Address of Principal Executive Offices)         (Zip Code)


      Registrant's telephone number, including area code(303)  571-7511


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ITEM 5.  OTHER EVENTS

     Reference is made to the Form 8-K filed by New Century Energies,  Inc., the
parent company of Public  Service  Company of Colorado  ("the  Company"),  for a
discussion  of the net impact on earnings per share of the windfall  profits tax
liability  and the positive  impact of the change in the United  Kingdom  ("UK")
corporate  income  tax  rate  recognized  by  Yorkshire  Electricity  Group  plc
("Yorkshire   Electricity"),   a  UK  regional  electricity  company.  Yorkshire
Electricity is owned by Yorkshire Power Group Ltd., a joint venture in which the
Company owns a 50% interest.  The Company's  portion of this charge  recorded in
the third  quarter of 1997 is  approximately  $111  million.  In  addition,  the
Company  recognized the positive impact of approximately  $10 million related to
the change in the UK corporate income rate from 33% to 31%.


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                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.



                              PUBLIC SERVICE COMPANY OF COLORADO

                                    /s/ Richard C. Kelly
                              ----------------------------------
                              Executive Vice President and CFO, Financial and
                                Support Services

Dated:      September 26, 1997



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