Xcel Energy’s Rate Increase Proposal Adjustments Recommended

Xcel Energy ( (XEL) ) just unveiled an announcement.

In March 2025, Northern States Power Company-Wisconsin, a subsidiary of Xcel Energy, filed a request with the Public Service Commission of Wisconsin for a multi-year increase in electric and natural gas rates. The request includes a $151 million electric revenue increase over 2026 and 2027, and a $24 million natural gas revenue increase over the same period. On August 8, 2025, the PSCW Staff recommended adjustments, suggesting a $115 million increase for electric and $21 million for natural gas, with a decision expected by late 2025. This rate adjustment proposal reflects NSP-Wisconsin’s strategic focus on infrastructure investments and operational cost management, impacting stakeholders by potentially altering service costs and investment returns.

The most recent analyst rating on (XEL) stock is a Hold with a $66.00 price target. To see the full list of analyst forecasts on Xcel Energy stock, see the XEL Stock Forecast page.

Spark’s Take on XEL Stock

According to Spark, TipRanks’ AI Analyst, XEL is a Outperform.

Xcel Energy’s strong financial performance, positive technical indicators, and promising earnings call highlight its growth potential. The robust dividend yield also adds to its attractiveness. However, the high P/E ratio and risks from legal challenges and operational costs moderate the overall outlook.

To see Spark’s full report on XEL stock, click here.

More about Xcel Energy

Xcel Energy Inc. operates in the energy sector, providing electric and natural gas services. It focuses on delivering reliable and sustainable energy solutions across several states in the U.S., with a commitment to clean energy transitions and infrastructure development.

Average Trading Volume: 3,411,990

Technical Sentiment Signal: Buy

Current Market Cap: $43.37B

Find detailed analytics on XEL stock on TipRanks’ Stock Analysis page.