secwatch.observer — SEC 8-K summary
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Issuer:     XCEL ENERGY INC (XEL)
CIK:        0000072903
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0000072903-24-000030
Event type: regulatory
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72903/000007290324000030/0000072903-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000007290324000030/xel-20240129.htm
  HTML page:      https://secwatch.observer/filing/0000072903-24-000030

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