secwatch.observer — SEC 8-K summary
======================================

Issuer:     XCEL ENERGY INC (XEL)
CIK:        0000072903
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0000072903-23-000168
Event type: regulatory
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

PSCW approves NSP-Wisconsin rate increases: electric $1M, natural gas $5M
-------------------------------------------------------------------------

- PSCW verbally approved NSP-Wisconsin rate request on Nov 9; final written order expected Dec 2023, rates effective Jan 2024.
- Electric increase $1M (vs. revised request $25M); natural gas $5M (revised request $7M).
- ROE set at 9.8% (NSP-Wisconsin requested 10.25%; PSCW staff recommended 9.7%).
- Xcel Energy reaffirms 2023 ongoing EPS guidance $3.32-$3.37 and 2024 GAAP/ongoing EPS $3.50-$3.60.
- Prudently incurred 2024 fuel costs will be trued up within a 2% band (~$3M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72903/000007290323000168/0000072903-23-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000007290323000168/xel-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000072903-23-000168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer