Xcel Energy
American utility company / From Wikipedia, the free encyclopedia
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Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving more than 3.7 million electric customers and 2.1 million natural gas customers across parts of eight states (Colorado, Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Texas and New Mexico).[3] It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.[4]
Company type | Public |
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ISIN | US98389B1008 |
Industry | Utilities |
Predecessor | New Century Energies |
Founded | June 17, 1909; 114 years ago (1909-06-17) in Stillwater, Minnesota, U.S. (as Washington County Light & Power Company) |
Founder | H.M. Byllesby |
Headquarters | , U.S. |
Area served |
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Key people | |
Products | |
Production output | |
Brands | Reddy Kilowatt |
Revenue | US$14.21 billion (2023) |
US$2.481 billion (2023) | |
US$1.771 billion (2023) | |
Total assets | US$64.08 billion (2023) |
Total equity | US$17.62 billion (2023) |
Number of employees | 11,311 (2023) |
Subsidiaries |
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Website | my.xcelenergy.com |
Footnotes / references [1][2] |
In December 2018, Xcel Energy announced it would deliver 100 percent clean, carbon-free electricity by 2050, with an 80 percent carbon reduction by 2035 (from 2005 levels). This makes Xcel the first major US utility to set such a goal.[5]