Xcel Energy Files 8-K for Other Events

TL;DR

Xcel Energy filed an 8-K for 'Other Events' on 11/24, referencing debt and stock.

AI Summary

Xcel Energy Inc. filed an 8-K on November 24, 2025, reporting "Other Events" as of November 21, 2025. The filing includes information related to Xcel Energy Inc. and its subsidiary, Public Service Company of Colorado. Specific details regarding the "Other Events" are not elaborated in the provided text, but it references financial instruments like common stock and junior subordinated notes.

Why It Matters

This filing indicates a reportable event for Xcel Energy Inc. and its subsidiary, potentially impacting investors' understanding of the company's ongoing operations and financial structure.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for 'Other Events' without immediate disclosed financial impact or significant operational changes.

Key Players & Entities

• XCEL ENERGY INC (company) — Filer
• PUBLIC SERVICE CO OF COLORADO (company) — Subsidiary Filer
• 414 NICOLLET MALL (location) — Business Address for Xcel Energy Inc.
• MINNEAPOLIS (location) — City for Xcel Energy Inc. Business Address
• 3500 BLAKE STREET (location) — Business Address for Public Service Co of Colorado
• DENVER (location) — City for Public Service Co of Colorado Business Address
• A6.25JuniorSubordinatedNotesDue2085 (financial_instrument) — Mentioned financial instrument

FAQ

Key Financial Figures

• $2.50 — ange on which registered Common Stock, $2.50 par value per share XEL Nasdaq Stock Ma
• $356 million — CPUC) seeking an increase in revenue of $356 million or 9.9% ($526 million inclusive of ride
• $526 million — ase in revenue of $356 million or 9.9% ($526 million inclusive of rider roll-ins). The reque
• $13 billion — test year with a projected rate base of $13 billion. PSCo's base rate request (millions o

Filing Documents

• xel-20251121.htm (8-K) — 39KB
• 0000072903-25-000264.txt ( ) — 209KB
• xel-20251121.xsd (EX-101.SCH) — 3KB
• xel-20251121_def.xml (EX-101.DEF) — 17KB
• xel-20251121_lab.xml (EX-101.LAB) — 30KB
• xel-20251121_pre.xml (EX-101.PRE) — 17KB
• xel-20251121_htm.xml (XML) — 6KB

01. Other Events

Item 8.01. Other Events On Nov. 21, 2025, Public Service Company of Colorado (PSCo), a Colorado corporation and wholly owned subsidiary of Xcel Energy Inc. filed an electric rate case with the Colorado Public Utilities Commission (CPUC) seeking an increase in revenue of $356 million or 9.9% ($526 million inclusive of rider roll-ins). The request is based on a 9.8% return on equity, an equity ratio of 55% and a 2025 test year with a projected rate base of $13 billion. PSCo's base rate request (millions of dollars): Distribution system investment $ 294 Liability insurance 65 Operating costs 51 Changes in cost of capital 49 Coal retirements (a) (120) Other 17 Rate request, net of rider roll-ins $ 356 (a) The case includes request for rider recovery of any costs associated with extending operations at Comanche Unit 2. A CPUC decision and implementation of final rates is anticipated in the third quarter of 2026. Except for the historical statements contained in this report, the matters discussed herein are forward-looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements, including those relating to expected rate increases to customers and expectations regarding the regulatory proceedings and the effective date of the rates, as well as assumptions and other statements are intended to be identified in this document by the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "objective," "outlook," "plan," "project," "possible," "potential," "should," "will," "would" and similar expressions. Actual results may vary materially. Forward-looking statements speak only as of the date they are made, and we expressly disclaim any obligation to update any forward-looking information. The following factors, in addition to those discussed in PSCo's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2024 and subsequent filings with the SEC, could cause actual results to dif

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. November 24, 2025 Xcel Energy Inc. (a Minnesota corporation) Public Service Company of Colorado (a Colorado corporation) /s/ BRIAN J. VAN ABEL Brian J. Van Abel Executive Vice President, Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR