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Xcel Energy8-K: Legacy modernization

Xcel Energy subsidiary secures $211M rate increase to fund $14B in 2026 capital projects.

What happened

The Minnesota Public Utilities Commission approved a rate increase for Xcel's subsidiary, Northern States Power, directly supporting a $14 billion rate base for 2026.

Source

SEC EDGARJun 22, 2026

Current report (Form 8-K)

Xcel Energy 8-K

Filing excerpt

Northern States Power Company (NSP-Minnesota), a Minnesota corporation and wholly owned subsidiary of Xcel Energy Inc., filed an electric rate case in Minnesota based on a... rate base of $13.2 billion in 2025 and $14 billion in 2026.

sec.gov/Archives/edgar/data/72903/000007290326000107/xel-20260618.htmRead the full source

Extracted by Autobound

From the Signal API record
Signal
8-K: Legacy modernization

What this signalsFilings often name leadership changes, deals and spending plans.

Form
8-K
Fiscal year end
06/18
Filed
Jun 22, 2026

The full record

From the Signal API record

Numbers

Dollar figure
$14B (Rate base for 2026, indicating the scale of capital assets and investment.)
Percent
2.9% (Average annual rate increase over two years.)

Details

CIK
72903
Accession number
0000072903-26-000107
Timeframe
Current quarter
Filing year
2026
Why it matters
Modernization projects
Signal category
Technology

Topics and mentions

Regions named

  • Minnesota

Extraction

Confidence
High
Relevance
85%
Sentiment
Positive
Detected
Jun 23, 2026
signal_type
sec-8k
signal_subtype
legacyModernization

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The API returns more than this page shows

This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/5b786fb4-1f10-4067-be4f-b88f987aa69d returns this record as JSON. POST /v1/companies/enrich returns every signal for xcelenergy.com.

{
  "signal_id": "5b786fb4-1f10-4067-be4f-b88f987aa69d",
  "signal_type": "sec-8k",
  "signal_subtype": "legacyModernization",
  "detected_at": "2026-06-23T07:10:48.347+00:00",
  "company": {
    "name": "Xcel Energy",
    "domain": "xcelenergy.com"
  },
  "data": {
    "detail": "The Minnesota Public Utilities Commission approved a rate increase for Xcel's subsidiary, Northern States Power, directly supporting a $14 billion rate base for 2026. This large-scale capital investment program indicates significant spending on grid infrastructure, modernization, and related technology systems, creating opportunities for vendors in operational technology, project management, and engineering services.",
    "metrics": {
      "pct": 0.029,
      "timeframe": "current_quarter",
      "pct_context": "Average annual rate increase over two years.",
      "dollar_context": "Rate base for 2026, indicating the scale of capital assets and investment.",
      "dollar_millions": 14000
    },
    "summary": "Xcel Energy subsidiary secures $211M rate increase to fund $14B in 2026 capital projects.",
    "excerpts": "Northern States Power Company (NSP-Minnesota), a Minnesota corporation and wholly owned subsidiary of Xcel Energy Inc., filed an electric rate case in Minnesota based on a... rate base of $13.2 billion in 2025 and $14 billion in 2026.",
    "relevance": 0.85,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/72903/000007290326000107/xel-20260618.htm",
    "filing_date": "2026-06-22",
    "filing_year": 2026,
    "fiscal_year_end": "06/18",
    "sales_relevance": "Modernization projects",
    "signal_category": "technology",
    "regions_mentioned": [
      "Minnesota"
    ]
  }
}

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