Item 8.01. Other Events
On June 1, 2009, Northern States Power Company, a Wisconsin corporation and
wholly owned subsidiary of Xcel Energy Inc, (NSP-Wisconsin) filed a combined
electric and natural gas application with the Public Service Commission of
Wisconsin (PSCW) in accordance with the PSCW's established biennial rate filing
schedule. In the application, NSP-Wisconsin requested an overall increase in
annual retail electric revenues of approximately $30.4 million, or an increase
of 5.6 percent. The rate filing is based on a 2010 calendar year budget, an
electric net investment rate base of approximately $644 million, a regulatory
equity ratio of 53.12 percent, and NSP-Wisconsin's currently authorized rate of
return on equity of 10.75 percent. NSP-Wisconsin did not request any change to
natural gas rates. NSP-Wisconsin's gas net investment rate base is
approximately $81 million. NSP-Wisconsin has requested the PSCW to issue an
order approving this application in time to allow for new rates to be effective
Jan. 1, 2010.
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