---
schema_version: "secwatch.filing_event.v1"
accession: "0000072903-25-000070"
form_type: "8-K"
ticker: "XEL"
cik: "0000072903"
company_name: "XCEL ENERGY INC"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T01:15:21.399459+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NSP-Wisconsin files $151M electric, $24M gas rate increase request with PSCW for 2026-2027

## Summary
- Electric: $94M (11.8%) in 2026, incremental $57M (7.1%) in 2027, total $151M over two years.
- Natural gas: $20M (12.7%) in 2026, incremental $4M (1.5%) in 2027, total $24M over two years.
- Rate request based on 10.0% ROE and 53.5% equity ratio; driven by reliability, resiliency, and clean energy investments.
- PSCW decision on the rate case expected in the fourth quarter of 2025.

## SEC filing metadata
- accession: 0000072903-25-000070
- form_type: 8-K
- ticker: XEL
- cik: 0000072903
- company_name: XCEL ENERGY INC
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72903/000007290325000070/0000072903-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72903/000007290325000070/xel-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072903-25-000070
- JSON: https://secwatch.observer/filing/0000072903-25-000070.json
- Plain text: https://secwatch.observer/filing/0000072903-25-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.