Xcel Energy Minnesota, Minnesota
Xcel Energy (Northern States Power) Minnesota two-year rate case
Approved Base rate case, docket 24-320 before the Minnesota Public Utilities Commission.
As published by the utility or the commission.
What happens next
The decision is final; the new rate takes effect once the order sets a date. How rate cases work.
What it means for your bill
$
Xcel Energy asked the Minnesota PUC for a two-year plan totaling about 490.7 million dollars in additional revenue, 353.3 million (9.6 percent) for 2025 and 137.5 million (3.6 percent) more for 2026. After a verbal decision on June 18, 2026 and final approval July 31, 2026, the Commission cut this to about 82.9 million (2.3 percent) for 2025 and 127.3 million (3.4 percent) for 2026, roughly 210 million dollars combined, an average of about 5.59 dollars more a month for residential customers. Because interim 2025 rates were higher than the final approved rates, Xcel expects to issue customers a one-time refund credit with interest.
What it means for your bill: Xcel Energy Minnesota customers should see a one-time bill credit because they were charged more under temporary rates in 2025 than the final approved rates.
- Status
- Approved
- Utility
- Xcel Energy Minnesota
- Commission
- Minnesota Public Utilities Commission
- Docket
- 24-320
- Requested
- 13.2% residential, $490.7 million a year
- Approved
- $210.2 million a year
- Typical bill change
- +$5.59 a month
- Decided
- July 31, 2026
- Data center linked
- Yes. The filing ties part of the cost or the tariff design to data center load. The projects themselves: isadatacentercoming.com.
- Last checked
- August 29, 2026
Common questions
How much will my Xcel Energy Minnesota bill go up?
Adds about $6 a month on a typical bill. As published by the utility or the commission.
When would the new rates start?
Not yet set. That is decided along with the case, usually as part of the commission's final order.
When is the hearing?
No hearing date is on record for this case.
How do I comment?
The comment period closed once this case was decided; its result is above.
Sources
- Minnesota regulators approve higher Xcel profits at customers' expense, Energy and Policy Institute, 2026-07-31
- Xcel Energy Electric Rate Case, Minnesota Public Utilities Commission, 2026-07-31
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