PSCo files electric plan with 5-14 GW need; CPUC approves $135M natural gas rate increase

XCEL ENERGY INC

PSCo filed Colorado electric resource plan with 7% base and 3% low sales CAGR through 2031.
Plan forecasts 5-14 GW new generation need; CPUC decision expected fall 2025, solicitation early 2026.
CPUC completed Colorado natural gas rate case deliberations; estimated $135M annual revenue increase (vs $171M requested).
CPUC set ROE range 9.2%-9.5%, equity ratio 52%-55%, denied decoupling; includes $15M accelerated depreciation.
Xcel Energy reaffirms 2024 ongoing EPS guidance $3.50-$3.60.

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