Xcel Energy’s Electric Rate Increase Proposal, Proceeding No. 25AL-0494E

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November 25, 2025 - The Colorado Public Utilities Commission (PUC) opened Proceeding No. 25AL-0494E for Xcel Energy’s electric rate increase proposal, which was filed with the Commission on Friday, Nov. 21, 2025. The process will begin in December and more information will be available once a schedule has been set. 

As with all rate cases, this electric rate case will follow a lengthy and involved process that closely scrutinizes every aspect of Xcel’s request. Several stakeholders are expected to formally intervene in this case (which is conducted much like a court case). The process also includes review by the PUC’s own staff of economists, engineers and accountants. Lastly, the Commission will hold one or more public comment hearings which are open to anyone.

Anyone can provide public comment online this case at the PUC website.   

Other ways to submit public comment (include the Proceeding No 25AL -0494E):

  • Submit through email at dora_puc_website@state.co.us 
  • Mail comments to the Commission’s offices at: Colorado Public Utilities Commission, 1560 Broadway, Suite 250, Denver, CO 80202
  • Calling (303) 869-3490 to leave oral comments (English and Spanish options)

 

More information will be coming soon to the PUC website and can be found at the Key Issues/Electric Rate Case webpage:  Electric Rate Cases | Public Utilities Commission  

About Electric Rate Cases:

The Public Utilities Commission is an administrative agency of the legislature charged with the authority and duty to regulate the rates of public utilities operating within Colorado. State statute gives the Commission the power to regulate all the rates, charges, and tariffs of every public utility in Colorado.  As codified in state law, the rates and charges assessed for public utility service must be “just and reasonable.”

The PUC regulates electric rates for two investor-owned utilities in Colorado, Xcel Energy and Black Hills Electric. Each of these utilities must seek the PUC’s approval for the rates charged to their customers. Known informally as an “electric rate case”, these proceedings are initiated by the utility in order to recover the costs of recent investments (e.g. safety, reliability, and integrity of the electric system) over a certain time period. These rate cases can include multiple phases.

 

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