{"schema_version":"secwatch.filing_event.v1","accession":"0000072903-25-000227","form_type":"8-K","ticker":"XEL","cik":"0000072903","company_name":"XCEL ENERGY INC","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.247761+00:00","generated_at":"2026-05-17T15:54:07.906467+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"PSCW Staff recommends $115M electric, $21M gas rate increases for Xcel's NSP-Wisconsin","bullets":["PSCW Staff recommended $115M electric rate increase (14.4% over 2026-2027) vs. company request of $151M.","Staff recommended $21M natural gas increase (12.3% over two years) vs. company request of $24M.","Staff proposed 9.7% ROE and 53.5% equity ratio; company requested 10.0% ROE.","Key adjustments: capital investments reduced by $15M (electric) and $1M (gas); ROE adjustment reduced $7M/$1M.","PSCW decision expected late Q4 2025; rebuttal testimony due Aug 28, hearing Sept 16."],"urls":{"canonical":"https://secwatch.observer/filing/0000072903-25-000227","json":"https://secwatch.observer/filing/0000072903-25-000227.json","markdown":"https://secwatch.observer/filing/0000072903-25-000227.md","text":"https://secwatch.observer/filing/0000072903-25-000227.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72903/000007290325000227/0000072903-25-000227-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72903/000007290325000227/xel-20250808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:54:07.906467+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}