RegulatoryJun 3, 2026, 06:07 AM
Xcel Energy PSCo Reaches $225M Electric Rate Case Settlement
AI Summary
Public Service Company of Colorado (PSCo), an Xcel Energy subsidiary, filed a non-unanimous settlement agreement for its electric rate case. The settlement proposes a $225 million (6.3%) revenue increase, lower than the initial $356 million request, and sets a 9.3% return on equity and 54.5% equity ratio. While some parties oppose it, Xcel Energy reaffirmed its 2026 ongoing earnings per share guidance of $4.04 to $4.16.
Key Highlights
- PSCo initially sought a $356 million (9.9%) electric revenue increase.
- Settlement proposes a $225 million (6.3%) revenue increase for PSCo.
- Settlement includes a 9.3% Return on Equity (ROE) for PSCo.
- Settlement sets an equity ratio of 54.5% for PSCo.
- CPUC decision and final rates are anticipated in Q3 2026.
- Xcel Energy reaffirms 2026 ongoing EPS guidance of $4.04 to $4.16.
Price Impact
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