Pricing Supplement No. 011 Filed pursuant to Rule 424(b)(3)
Dated: February 28, 1997 Registration No. 333-14727
(To Prospectus dated November 7, 1996 as supplemented by a Prospectus Supplement
dated February 26, 1997)
PUBLIC SERVICE COMPANY OF COLORADO
SECURED MEDIUM-TERM NOTES, SERIES B
(being a series of First Collateral Trust Bonds)
Principal amount ($): 100,000,000 Form: Book-Entry __X__Certificated __
Original Issue Date: March 5, 1997 Redeemable at Company Option:
Stated Maturity: March 5, 2007 ____Yes __X__No
Interest Rate (%): 7.11 Initial Redemption Date: N/A
Default Rate (%): None Initial Redemption Percentage: N/A
Issue Price (%): 100 Annual Redemption Percentage
Commission (%): .625 Reduction: N/A
Net proceeds ($): 99,375,000 Optional Repayment Dates: N/A
Redemption prices (if redeemable): The redemption price (if any) for
the Notes offered hereby will initially be the Initial Redemption Percentage
multiplied by the unpaid principal amount to be redeemed of each Note. The
Initial Redemption Percentage shall decline at each anniversary of the Initial
Redemption Date by the Annual Redemption Percentage Reduction until the
redemption price is 100% of the principal amount to be redeemed.
Additional terms: None
Agent acting in the capacity as indicated below:
____ Agent __X__ Principal
If as principal:
_____The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
__X__The Notes are being offered at a fixed initial public offering price
of 100% of principal amount.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
SECURITIES AND EXCHANGE COMMISSION OR BY ANY STATE SECURITIES COMMISSION NOR HAS
THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED
UPON THE ACCURACY OR ADEQUACY OF THIS PRICING SUPPLEMENT OR THE ACCOMPANYING
PROSPECTUS SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
<PAGE>
