---
schema_version: "secwatch.filing_event.v1"
accession: "0000072903-26-000175"
form_type: "8-K"
ticker: null
cik: "0001123852"
company_name: "NORTHERN STATES POWER CO"
filed_at: "2026-10-09T20:50:16+00:00"
generated_at: "2026-10-12T15:03:56.486213+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000072903-26-000175
- form_type: 8-K
- cik: 0001123852
- company_name: NORTHERN STATES POWER CO
- filed_at: 2026-10-09T20:50:16+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123852/000007290326000175/0000072903-26-000175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72903/000007290326000175/xel-20261009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072903-26-000175
- JSON: https://secwatch.observer/filing/0000072903-26-000175.json
- Plain text: https://secwatch.observer/filing/0000072903-26-000175.txt

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