Xcel’s Colorado utility PSCo reaches settlement for $123 million gas rate hike

Xcel Energy Inc.

Xcel Energy Inc.

XEL

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  • Xcel Energy unit Public Service Co of Colorado filed a Colorado gas rate case seeking a USD 190 million revenue increase.
  • Non-unanimous settlement filed July 13, 2026 targets a USD 123 million increase, based on a 2025 historic test year.
  • Settlement terms include 9.2% ROE, 54.5% equity ratio, average rate base with known-and-measurable adjustments.
  • Colorado PUC hearings set for July 2026; final decision, rate implementation expected in Q4 2026.


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