secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHWESTERN PUBLIC SERVICE CO (—)
CIK:        0000092521
Form:       8-K
Filed at:   2026-06-22T23:53:52+00:00
Accession:  0000072903-26-000109
Event type: regulatory
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SPS reaches $90M rate increase stipulation in NMPRC case; Xcel reaffirms EPS guidance
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- Base rate revenue increase of $90M (7.7% total) vs. original $168M request.
- ROE set at 9.5% (requested 10.5%); equity ratio 54.70% (requested 56%).
- Hearing on non-unanimous stipulation scheduled July 2026; NMPRC decision expected Q4 2026 with Dec. 2026 implementation.
- Xcel Energy reaffirms 2026 ongoing EPS guidance of $4.04-$4.16 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92521/000007290326000109/0000072903-26-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000007290326000109/xel-20260622.htm
  HTML page:      https://secwatch.observer/filing/0000072903-26-000109

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