Xcel's Colorado gas unit files settlement for $123M rate increase, down from $190M request

Filed July 14, 2026 · Period ending July 13, 2026 · ~1 min read

Key Changes

• high

  PSCo and multiple parties filed a non-unanimous settlement seeking a $123M (7.5%) revenue increase, down from the original $190M (11.6%) request filed in December 2025. Hearings scheduled for July 2026 with final decision expected Q4 2026.

  Item 8.01 — Other Events verify on EDGAR →
• high

  Settlement proposes 9.2% ROE and 54.5% equity ratio, both below the original request of 10.75% ROE and 55% equity ratio. Terms would apply to PSCo's $4.7B rate base if approved.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  The $123M increase represents an annual average of 3.7% since the last rate case, based on a 2025 historic test year with forward-looking known and measurable adjustments.

  Item 8.01 — Other Events verify on EDGAR →