Xcel Energy Inc. is a leading U.S. regulated electric and natural gas delivery company headquartered in Minneapolis, Minnesota. The company provides energy-related products and services to approximately 3.8 million electric customers and 2.2 million natural gas customers across eight states, utilizing its four utility subsidiaries: NSP-Minnesota, NSP-Wisconsin, PSCo, and SPS. Xcel Energy engages in energy supply, generation, transmission, and distribution while also managing a diverse portfolio of resources such as wind, solar, hydroelectric, and natural gas.
The company is firmly committed to leading the clean energy transition, aiming to achieve 100% carbon-free electricity by 2050. Xcel Energy's strategic priorities focus on enhancing customer experience, leading in renewable energy resources, and keeping energy bills low. With a significant investment in renewable energy infrastructure and a strong commitment to sustainability, the company plans to accelerate its capital projects and expand its clean energy services while effectively managing costs to ensure affordability and reliability for its customers.