secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN STATES POWER CO (—)
CIK:        0001123852
Form:       8-K
Filed at:   2026-06-22T11:08:51+00:00
Accession:  0000072903-26-000107
Event type: regulatory
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1123852/000007290326000107/0000072903-26-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000007290326000107/xel-20260618.htm
  HTML page:      https://secwatch.observer/filing/0000072903-26-000107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer