SPS updates $158M Texas rate case; Xcel reaffirms 2023 EPS guidance $3.30-$3.40

XCEL ENERGY INC

Rate increase request of $158M based on 10.65% ROE, 54.6% equity, $3.6B retail rate base; 14% bill impact.
Opposing parties propose lower revenue changes: Staff $102M, AXM $66M, OPUC $130M, TIEC $89M.
Procedural schedule: rebuttal testimony Aug 25, hearings Sep 12-21, PUCT decision expected Q1 2024.
Xcel Energy reaffirms 2023 GAAP/ongoing EPS guidance $3.30-$3.40 subject to constructive regulatory outcomes.
SPS seeks accelerated Tolk coal plant depreciation (2034→2028); OPUC proposes unchanged 2034 life, AXM extends to 2045.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.