Xcel Energy Gas Rate Case

Xcel Energy has asked the Minnesota Public Utilities Commission to approve a $63.40 million annual increase, or 8.2 %, to its Minnesota retail natural gas rates, effective January 1, 2026, based on a rate of return on common equity capital of 10.65%.

Xcel Energy previously submitted a rate increase request in 2023.

The primary financial drivers for the utility’s request are increased capital and Operations and Maintenance costs since the Company’s last rate case, particularly with respect to distribution, gas production and storage, information technology investments, return on equity, property and other taxes, distribution operating and administrative and general services.

For more detailed information on the rate request, visit Xcel Energy's website. To view the full record click here. (Docket 25-356)

The Commission’s public process gives everyone a chance to review utility plans and provide feedback. This helps make sure decision consider input from citizens, utilities, state agencies, clean energy groups, labor unions, consumer advocates, and others. Public meetings are a great way to learn more, ask questions and make a comment.   

• Presentation – The meeting starts with a short presentation about the plan. Then an administrative law judge will take verbal comments. All comments and names of commenters are part of the public record. 
  

• How to comment: There will be a sign-up sheet for those who want to speak. Commenters will be called in the order they signed up. It’s best to sign up before the meeting begins. If time allows, the judge may accept additional comments.

• Translation services: You can comment in Somali, Hmong, Spanish, and other languages with translation services available.