{"filing":{"accession_number":"0000072903-26-000103","cik":"0000072903","ticker":"XELLL","company_name":"XCEL ENERGY INC","form":"8-K","filing_date":"2026-06-09","report_date":null,"primary_document":"xel-20260605.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/72903/000007290326000103/xel-20260605.htm"},"events":[{"id":4340,"run_id":3793,"accession_number":"0000072903-26-000103","anchor_item_number":"8.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.75,"summary":"PSCo filed a $190 million natural gas rate case with the CPUC in December 2025, with intervenor testimony filed in June 2026 proposing significantly lower revenue increases ($85–$86 million excluding depreciation adjustments) and reduced ROE (8.5–9.2% vs. PSCo's 10.75% request). The filing discloses a material regulatory proceeding with a decision anticipated in Q4 2026 that will directly affect PSCo's revenue and profitability. While this is a regulatory rate case rather than a discrete event like M\u0026A, covenant breach, or impairment, the magnitude and forward-looking impact on a major subsidiary's financial results make it material to investors assessing Xcel Energy's earnings trajectory.","company_name":"XCEL ENERGY INC","ticker":"XELLL","filing_date":"2026-06-09","items":[{"id":5461,"accession_number":"0000072903-26-000103","item_number":"8.01","item_title":"Other Events","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.75,"reasoning":"PSCo filed a natural gas rate case seeking $190 million in revenue increase (11.6%), with CPUC Staff and UCA proposing significantly lower adjustments ($15 million and $86 million respectively). This regulatory proceeding directly impacts the company's future revenue and profitability, making it material to investors. While not fitting neatly into the specific event categories (not a covenant breach, impairment, or litigation settlement), the disclosure of a major rate case with substantial proposed reductions by regulators is a material regulatory event that would affect investor assessment of the registrant's financial prospects.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-09T17:53:06.673576+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":5461,"accession_number":"0000072903-26-000103","item_number":"8.01","item_title":"Other Events","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.75,"reasoning":"PSCo filed a natural gas rate case seeking $190 million in revenue increase (11.6%), with CPUC Staff and UCA proposing significantly lower adjustments ($15 million and $86 million respectively). This regulatory proceeding directly impacts the company's future revenue and profitability, making it material to investors. While not fitting neatly into the specific event categories (not a covenant breach, impairment, or litigation settlement), the disclosure of a major rate case with substantial proposed reductions by regulators is a material regulatory event that would affect investor assessment of the registrant's financial prospects.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-09T17:53:06.673576+00:00","company_name":"XCEL ENERGY INC","ticker":"XELLL","filing_date":"2026-06-09"}]}
