Xcel subsidiary NSP-Minnesota wins MPUC verbal OK for estimated $211 million rate hike over two years

Xcel Energy Inc.

Xcel Energy Inc.

XEL

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  • Xcel Energy subsidiary NSP-Minnesota received an MPUC verbal decision in its Minnesota electric rate case.
  • Estimated electric rate increase of about $211 million over two years, averaging 2.9% per year.
  • Allowed ROE set at 9.6%, up from 9.25%; equity ratio held at 52.5%.
  • Existing true-up mechanisms continue; MPUC also authorized new tracker mechanisms.
  • Final written order expected by July 31, 2026.


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