Xcel Energy Subsidiary Files 8-K
| Field | Detail |
|---|---|
| Company | Northern States Power Co /Wi/ |
| Form Type | 8-K |
| Filed Date | Nov 7, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2.50, $126 million, $68 million, $58 million, $22 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-filing, subsidiary
Related Tickers: XEL
TL;DR
XCEL subsidiary filed an 8-K, nothing major to see here.
AI Summary
On November 6, 2025, Northern States Power Company / Wisconsin, a subsidiary of Xcel Energy Inc., filed an 8-K to report other events. The filing does not contain specific financial details or significant business changes, but rather routine corporate information.
Why It Matters
This filing indicates routine corporate activity for Xcel Energy's Wisconsin subsidiary, providing transparency on its operational status.
Risk Assessment
Risk Level: low — The filing is routine and does not disclose any material adverse events or significant financial changes.
Key Players & Entities
- NORTHERN STATES POWER CO /WI/ (company) — Filer
- XCEL ENERGY INC (company) — Parent Company
- 0000072903-25-000259 (accession_number) — Filing Identifier
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report 'Other Events' related to Northern States Power Co /WI/.
Who is the parent company of Northern States Power Co /WI/?
The parent company of Northern States Power Co /WI/ is XCEL ENERGY INC.
What is the filing date of this 8-K?
The filing date of this 8-K is November 7, 2025.
What is the Central Index Key (CIK) for Northern States Power Co /WI/?
The Central Index Key (CIK) for Northern States Power Co /WI/ is 0000072909.
Does this filing disclose any specific financial transactions or material business developments?
Based on the provided text, this filing is for 'Other Events' and does not appear to disclose specific financial transactions or material business developments.
Filing Stats: 1,100 words · 4 min read · ~4 pages · Grade level 17.6 · Accepted 2025-11-07 16:32:04
Key Financial Figures
- $2.50 — ange on which registered Common Stock, $2.50 par value per share XEL Nasdaq Stock Ma
- $126 million — ult in a rate increase of approximately $126 million for the electric utility ($68 million i
- $68 million — $126 million for the electric utility ($68 million in 2026, with an incremental $58 millio
- $58 million — 68 million in 2026, with an incremental $58 million in 2027) and $22 million for the natura
- $22 million — an incremental $58 million in 2027) and $22 million for the natural gas utility ($18 millio
- $18 million — 22 million for the natural gas utility ($18 million in 2026, with an incremental $4 million
- $4 million — 18 million in 2026, with an incremental $4 million in 2027), based on a ROE of 9.8% and an
Filing Documents
- xel-20251106.htm (8-K) — 47KB
- 0000072903-25-000259.txt ( ) — 223KB
- xel-20251106.xsd (EX-101.SCH) — 3KB
- xel-20251106_def.xml (EX-101.DEF) — 17KB
- xel-20251106_lab.xml (EX-101.LAB) — 31KB
- xel-20251106_pre.xml (EX-101.PRE) — 18KB
- xel-20251106_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events Wisconsin Electric and Natural Gas Rate Request In March 2025, Northern States Power Company-Wisconsin (NSP-Wisconsin), a wholly owned subsidiary of Xcel Energy Inc., filed a request with the Public Service Commission of Wisconsin (PSCW) for a multi-year electric and natural gas rate increase. Both the electric and natural gas rate requests are based on forward-looking 2026 and 2027 test years, with a 10.0% return on equity (ROE) and an equity ratio of 53.5%. On Nov. 6, 2025, the PSCW verbally made a decision on NSP-Wisconsin's request. NSP-Wisconsin estimates that the PSCW final order would result in a rate increase of approximately $126 million for the electric utility ($68 million in 2026, with an incremental $58 million in 2027) and $22 million for the natural gas utility ($18 million in 2026, with an incremental $4 million in 2027), based on a ROE of 9.8% and an equity ratio of 52.5%. (Millions of Dollars) Electric Natural Gas NSP-Wisconsin's filed two-year rate request $ 151 $ 24 PSCW verbal decision: Capital investments (8) (1) Rate of return (7) (1) O&M expenses (5) (1) Nuclear decommissioning accrual update (a) (6) — Excess liability insurance deferral recovery 4 1 Other, net (3) — Approved two-year revenue change $ 126 $ 22 (a) Since filing the case, the Minnesota Public Utilities Commission authorized a reduction to the annual nuclear decommissioning accrual. This reduction, which flows to NSP-Wisconsin through the interchange agreement, reduced the NSP-Wisconsin rate request and is earnings neutral. A final written PSCW order is expected in December 2025 with new rates effective in January 2026. Certain information discussed in this Current Report on Form 8-K is forward-looking information that involves risks, uncertainties and assumptions. Such forward-looking statements, including those relating to expected rate increases to customers, expectations and intentions regarding regulatory proceedings and the effe
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 7, 2025 Xcel Energy Inc. (a Minnesota corporation) Northern States Power Company (a Wisconsin corporation) /s/ BRIAN J. VAN ABEL Brian J. Van Abel Executive Vice President, Chief Financial Officer