secwatch.observer — SEC 8-K summary
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Issuer:     XCEL ENERGY INC (XEL)
CIK:        0000072903
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0000072903-23-000092
Event type: regulatory
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Xcel Energy subsidiary files Colorado rate settlement; reaffirms 2023 EPS guidance of $3.30-$3.40
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- PSCo filed comprehensive settlement for electric rate case seeking $95M revenue increase (2.96% avg bill rise) or $47M with depreciation deferrals.
- Settlement based on 9.3% ROE, 55.69% equity ratio, 6.95% weighted-average cost of capital.
- Includes $12M collection of suspended 2023 TCA revenues; hearings in July, CPUC decision expected Q3 2023.
- Xcel Energy reaffirms 2023 GAAP and ongoing EPS guidance of $3.30-$3.40 per share.
- City of Boulder opposes the settlement; CPUC will decide in third quarter 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72903/000007290323000092/0000072903-23-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000007290323000092/xel-20230620.htm
  HTML page:      https://secwatch.observer/filing/0000072903-23-000092

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