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Xcel Energy Colorado rate increase

Electric · Colorado · Investor-owned utility · part of Xcel Energy Inc.

In effect

Last checked

Xcel Energy Colorado's latest approved rate change took effect August 29, 2026: 2025-2026 electric base rate case (Colorado), which raised a typical 601 kWh monthly bill by about $5.00.

Details and sources · Estimate for your home

Rate changes, newest first

2025-2026 electric base rate case (Colorado)

Base rate case · Electric

In effect

Typical residential bill (601 kWh/month)

  • +$5.00/mostarting August 29, 2026 (+4.77%)Average Schedule R residential impact stated in Decision No. C26-0554; includes base rates, rider updates and transmission rider roll-ins
Filed
November 21, 2025
Decided
August 24, 2026
Effective
August 29, 2026
Requested increase
$355.58 million
Approved increase
$157.02 million
Docket
25AL-0494E

Xcel asked for a $355.6 million base-rate increase, which the PUC estimated at 9.9% ($9.94/month) for an average home, to recover grid investments since 2022. A settlement cut this to $225 million; the PUC approved $157 million with a 9.3% ROE, adding $5.00 (4.77%) to a typical 601 kWh home bill from Aug. 29, 2026. Parties filed rehearing requests in September 2026.

Utility's stated reasons

  • about $3.8 billion of net plant added since 2022, mostly grid and transmission
  • rising construction costs and interest rates
  • moving transmission rider costs into base rates
Sources (6) · Verified against regulator or utility filings

Last verified Sep 29, 2026

2025-2027 Wildfire Mitigation Plan and cost-recovery rider (Colorado)

Rider · Electric

Approved

Typical residential bill

Not stated for a specific usage level. Any figures the sources give are in the summary below.

Filed
June 27, 2024
Decided
August 6, 2025
Effective
Not disclosed
Requested increase
Not disclosed
Approved increase
Not disclosed
Docket
24A-0296E

The PUC approved a unanimous settlement on Xcel's 2025-2027 Wildfire Mitigation Plan, which the company estimates at about $1.9 billion. Transmission costs go through an existing rider; other costs are deferred and recovered through a new Wildfire Mitigation Adjustment line item. The PUC said the bill impact would reach about $9 a month near the plan's end, then fall after securitization.

Utility's stated reasons

  • reducing wildfire ignition risk
  • undergrounding about 50 miles of power lines
  • rebuilding major transmission lines
  • expanded inspections and vegetation management
Sources (4) · Verified against regulator or utility filings

Last verified Sep 29, 2026

What it could mean for your bill

Sources state the impact for one typical home. Enter your own usage or bill for a rough estimate.

For: 2025-2026 electric base rate case (Colorado) (in effect)

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Who decides

Utility website: www.xcelenergy.com

Related

Last checked Oct 2, 2026. Spotted something out of date? Tell us.