PSCo files electric rate case with Colorado PUC seeking $356M revenue increase

XCEL ENERGY INC

Public Service Company of Colorado filed a rate case with the CPUC on Nov. 21, 2025, seeking $356 million revenue increase (9.9%).
Rate request based on 9.8% return on equity, 55% equity ratio, and 2025 test year with projected rate base of $13 billion.
Request includes $120 million reduction from coal retirements and rider recovery for Comanche Unit 2 extension costs.
CPUC decision and final rate implementation expected in the third quarter of 2026.

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