Xcel subsidiary PSCo files $171M Colorado natural gas rate increase request

XCEL ENERGY INC

PSCo seeks $171M base rate increase (approx 9.5% avg residential bill) based on 2023 test year and $4.2B rate base.
Proposed effective date Nov 1, 2024; deferral of collection to Feb 15, 2025 to avoid overlap with Winter Storm Uri rider.
Key drivers: $145M plant investments, $23M O&M and other, $10M property tax, offset by $7M sales growth.
Request includes ROE increase from 9.2% to 10.25% (contributing ~$32M of the request).
CPUC review pending; outcome uncertain, no guarantee of full approval.

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