Xcel Energy's subsidiary, Public Service Company of Colorado (PSCo), has filed a comprehensive settlement agreement with the Colorado Public Utilities Commission (CPUC) regarding its electric rate case. The agreement proposes a revenue increase of $225 million, a reduction from the initial $356 million request filed in November 2025. The company also reaffirmed its full-year 2026 earnings guidance.
Key Details
- Revenue Increase: The settlement proposes a $225 million (6.3%) revenue increase, compared to the original request for $356 million (9.9%).
- Financial Terms: Key terms include a 9.3% return on equity (ROE) and a 54.5% equity ratio.
- Timeline: Hearings on the settlement are scheduled for June 2026, with a final decision and implementation of new rates anticipated in the third quarter of 2026.
- Guidance: Xcel Energy reaffirmed its 2026 ongoing earnings per share guidance of $4.04 to $4.16.