RegulatoryJul 14, 2026, 06:07 AM
Xcel Energy Subsidiary PSCo Reaches $123M Rate Case Settlement
AI Summary
Public Service Company of Colorado (PSCo), a subsidiary of Xcel Energy, has filed a comprehensive non-unanimous settlement agreement regarding its natural gas rate case. The settlement proposes a $123 million revenue increase, which is lower than the initial request of $190 million. Key terms include a 9.2% return on equity and a 54.5% equity ratio. A CPUC decision and implementation of final rates are expected in the fourth quarter of 2026.
Key Highlights
- PSCo initially sought a $190 million (11.6%) natural gas revenue increase.
- Initial request was based on a 10.75% return on equity (ROE) and 55% equity ratio.
- Settlement agreement proposes a $123 million (7.5%) revenue increase.
- Settlement includes a 9.2% ROE and 54.5% equity ratio.
- The revenue increase represents an annual average of 3.7% since the last rate case.
- CPUC decision and implementation of final rates are anticipated in Q4 2026.
Price Impact
More from XEL