NasdaqGS:XELElectric Utilities
Xcel Energy (XEL) Is Up 5.2% After Regulators Approve Major Rate Hikes And ROE Increases
In recent days, Xcel Energy announced that regulators in Minnesota and New Mexico backed meaningful electric rate increases for its utilities, including an estimated US$211 million two‑year hike in Minnesota and a US$90 million base rate rise in New Mexico, alongside higher allowed returns on equity and reaffirmed 2026 earnings guidance.
These decisions ease regulatory overhang, clarify future revenue recovery on past and planned investments, and underline how constructive rate case outcomes...