---
schema_version: "secwatch.filing_event.v1"
accession: "0000072903-26-000107"
form_type: "8-K"
ticker: null
cik: "0001123852"
company_name: "NORTHERN STATES POWER CO"
filed_at: "2026-06-22T11:08:51+00:00"
generated_at: "2026-06-22T11:10:13.537538+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MPUC approves $211M rate increase for Xcel's NSP-Minnesota; ROE rises to 9.60%

## Summary
- Verbal order grants ~$211M rate increase over two years (2.9% annually), below $365M requested.
- ROE set at 9.60%, up from 9.25%; equity ratio maintained at 52.5%.
- Final written order expected by July 31, 2026; Xcel reaffirms 2026 EPS guidance $4.04-$4.16.
- New tracker mechanisms authorized; existing true-up mechanisms continue.

## SEC filing metadata
- accession: 0000072903-26-000107
- form_type: 8-K
- cik: 0001123852
- company_name: NORTHERN STATES POWER CO
- filed_at: 2026-06-22T11:08:51+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123852/000007290326000107/0000072903-26-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72903/000007290326000107/xel-20260618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072903-26-000107
- JSON: https://secwatch.observer/filing/0000072903-26-000107.json
- Plain text: https://secwatch.observer/filing/0000072903-26-000107.txt

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