Xcel Energy Multistate Utility Rate Case Increase

under adjudication

Xcel Energy is pursuing utility rate increases across multiple states to recover costs related to substantial infrastructure investments, clean energy transition, and inflationary pressures. The rate cases cover Minnesota, North Dakota, South Dakota, Colorado, and New Mexico, with requests totaling over $1.3 billion in base rate increases. The investments include coal retirements, nuclear plant life extensions, solar and battery projects, transmission and distribution system upgrades, and wildfire risk management.