Xcel Energy Files 8-K with Subsidiary Details
Ticker: XELLL · Form: 8-K · Filed: Dec 31, 2024 · CIK: 72903
| Field | Detail |
|---|---|
| Company | Xcel Energy Inc (XELLL) |
| Form Type | 8-K |
| Filed Date | Dec 31, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-filing, subsidiary-information
Related Tickers: XEL
TL;DR
Xcel Energy filed an 8-K on 12/30/24, updating info on itself and Southwestern Public Service Co.
AI Summary
Xcel Energy Inc. filed an 8-K on December 30, 2024, reporting other events. The filing includes information about Xcel Energy Inc. (Central Index Key: 0000072903) and its subsidiary Southwestern Public Service Company (Central Index Key: 0000092521). The report details their business addresses and phone numbers in Minneapolis, MN, and Amarillo, TX, respectively.
Why It Matters
This filing provides updated corporate information and details about Xcel Energy's operational structure, which is important for investors and stakeholders to understand the company's reporting entities.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not contain information that suggests immediate financial risk.
Key Numbers
- 2024-12-30 — Report Date (Date of the 8-K filing.)
- 0000072903 — Xcel Energy CIK (Central Index Key for Xcel Energy Inc.)
- 0000092521 — Southwestern Public Service CIK (Central Index Key for Southwestern Public Service Co.)
Key Players & Entities
- XCEL ENERGY INC (company) — Filer
- 0000072903 (company) — Central Index Key for Xcel Energy Inc.
- SOUTHWESTERN PUBLIC SERVICE CO (company) — Subsidiary Filer
- 0000092521 (company) — Central Index Key for Southwestern Public Service Co.
- 414 NICOLLET MALL MINNEAPOLIS MN 55401 (location) — Business Address for Xcel Energy Inc.
- SPS TOWER TYLER AT SIXTH ST AMARILLO TX 79101 (location) — Business Address for Southwestern Public Service Co.
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing is for reporting 'Other Events' and provides updated corporate information for Xcel Energy Inc. and its subsidiary, Southwestern Public Service Company.
When was this 8-K filed?
The 8-K was filed as of December 31, 2024, with the period of report being December 30, 2024.
What are the main entities listed in the filing?
The main entities are Xcel Energy Inc. (CIK 0000072903) and its subsidiary, Southwestern Public Service Company (CIK 0000092521).
Where are the business addresses for the listed companies?
Xcel Energy Inc.'s business address is 414 Nicollet Mall, Minneapolis, MN 55401. Southwestern Public Service Company's business address is SPS Tower, Tyler at Sixth St, Amarillo, TX 79101.
What is the SIC code for Xcel Energy Inc. and Southwestern Public Service Company?
Both Xcel Energy Inc. and Southwestern Public Service Company are listed with the Standard Industrial Classification (SIC) code 4931, which corresponds to Electric & Other Services Combined.
Filing Stats: 1,084 words · 4 min read · ~4 pages · Grade level 19.7 · Accepted 2024-12-31 09:58:48
Key Financial Figures
- $2.50 — ange on which registered Common Stock, $2.50 par value per share XEL Nasdaq Stock Ma
Filing Documents
- xel-20241230.htm (8-K) — 46KB
- 0000072903-24-000209.txt ( ) — 207KB
- xel-20241230.xsd (EX-101.SCH) — 2KB
- xel-20241230_def.xml (EX-101.DEF) — 14KB
- xel-20241230_lab.xml (EX-101.LAB) — 26KB
- xel-20241230_pre.xml (EX-101.PRE) — 15KB
- xel-20241230_htm.xml (XML) — 4KB
01. Other Events
Item 8.01. Other Events Texas System Resiliency Plan On December 30, 2024, Southwestern Public Service Company (SPS), a wholly owned subsidiary of Xcel Energy Inc., filed its Texas System Resiliency Plan (SRP), with the Public Utility Commission of Texas (PUCT). Consistent with PUCT requirements, SPS' proposed plan discusses resiliency-related risks and the five measures that have been designed to help SPS prevent, withstand, mitigate or more promptly recover from resiliency events, including wildfire. In addition to the specific wildfire mitigation measure listed below, the distribution overhead hardening and distribution system protection modernization measures will be prioritized based on wildfire risk. The SRP includes the following measures: Distribution overhead hardening — Replacing and reinforcing key components of the distribution overhead system. Distribution system protection modernization — Installing enhanced reclosers, communications equipment and replacing substation relay panels and breakers. Communication modernization — Building out a private LTE network, installing fiber optic cable and adding remote terminal units. Operational flexibility — Procuring mobile substation equipment and installing additional switching devices. Wildfire mitigation — Weather stations, modeling, deploying artificial intelligence and vegetation management. The plan covers 2025-2028 and includes the following total spend: (Millions of Dollars) Capital O&M Total Distribution overhead hardening $ 253 $ — $ 253 Distribution system protection modernization 92 — 92 Communication modernization 112 — 112 Operational flexibility 44 — 44 Wildfire mitigation 20 17 37 Total $ 521 $ 17 $ 538 A procedural schedule is expected in the first quarter of 2025 and a PUCT decision is expected to be received in the second quarter of 2025. Certain information discussed in this Current Report on Form 8-K is forward-looking information that involves risks, uncertainties and
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. December 31, 2024 Xcel Energy Inc. (a Minnesota corporation) Southwestern Public Service Company (a New Mexico corporation) /s/ BRIAN J. VAN ABEL Brian J. Van Abel Executive Vice President, Chief Financial Officer