5 Best Regulated Electric Stocks to Buy Now

3. Xcel Energy Inc. (NASDAQ:XEL)

Xcel Energy Inc. (NASDAQ:XEL) is one of the 11 best regulated electric stocks to buy now.

On June 3, a subsidiary of Xcel Energy Inc. (NASDAQ:XEL), Public Service Company of Colorado, reached a regulatory agreement regarding its unresolved energy pricing dispute. This is followed by the formal filing of the consensus framework with the Colorado Public Utilities Commission.

As per the settlement requirements, topline needs to expand by $225 million, representing a 6.3% increase over the 2025 benchmark. The initial request was for an increase of around $356 million or 9.8%. In line with the settlement, the utility agreed to operate with a 9.3% return on equity and a 54.5% equity ratio.

The framework moves past transmission investments straight into the principal rate base. Moreover, it also includes a performance structure for the Comanche Unit 3 plant. Even with opposition from some consumer groups, final approval is still set for the third quarter. Looking ahead, these terms let Xcel Energy restate their 2026 earnings at $4.04 to $4.16 per share, allowing them to maintain their financial forecast for that year.

Xcel Energy Inc. (NASDAQ:XEL) sells natural gas and electricity across the U.S. market. The company serves customers by producing electricity from natural gas, coal, wind, solar, hydroelectric, biomass, and nuclear power. Alongside that, it conducts wholesale transmission and trading operations.