regulatory
confidence high
sentiment negative
materiality 0.75
Xcel Energy subsidiary faces $99M-$80M adjustments in CO gas rate case; staff opposes deferral
XCEL ENERGY INC
- PSCo initially sought $171M rate increase; staff proposes $72M, UCA $91M.
- Staff recommends 8.89% ROE and 52% equity ratio; UCA 9.20% ROE and 51.4%.
- Staff and UCA oppose deferral to Feb 2025; propose Nov 1, 2024 effective date.
- CPUC decision expected Q4 2024; rebuttal Aug 15, hearing Sept 4-12.
- Xcel Energy reaffirms 2024 GAAP/ongoing EPS guidance of $3.50-$3.60.