SPS rate case update: intervenors propose $28M-$113M revenue increases vs $168M ask

XCEL ENERGY INC

Staff recommends $48M revenue increase, 9.75% ROE; NMDOJ $105M, 8.77% ROE.
NMLCG recommends $28M increase, 8.10% ROE; LES-FEA $113M, 9.45% ROE.
SPS originally sought $168M (16.0%) increase, 10.5% ROE, 56% equity ratio.
Rebuttal testimony due May 29, 2026; hearing July 7; decision expected Q4 2026.

item 8.01

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