Xcel's NSP-Minnesota asks MPUC to freeze Minnesota electric base rates for 2027-2028

NORTHERN STATES POWER CO

NSP-Minnesota filed an Electric Customer Rate Stability Plan with the Minnesota Public Utilities Commission on Oct. 9, 2026, as an alternative to its planned upcoming rate case.
Plan would freeze customer base rates for calendar years 2027 and 2028; an MPUC decision is requested by January 2027.
Accelerated recognition of federal Investment Tax Credit benefits from five battery storage projects over two years would offset the revenue need from ongoing capital improvements.
Other true-up and tracker mechanisms approved in NSP-Minnesota's most recent Electric Rate Case would continue under the plan.
If the plan is not approved, NSP-Minnesota expects to file an electric rate case in early 2027.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.