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Industry Center - Electric Utilities
Industry Center > Electric Utilities > Xcel Energy Inc. Company Profile
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Xcel Energy Inc. Company Profile
Xcel Energy has accelerated its energy engine into utility markets across the US. The utility holding company distributes electricity to 3.4 million customers and natural gas to 1.9 million in eight states; Colorado and Minnesota account for the majority of its customers. Its regulated utilities -- Northern States Power, Public Service Company of Colorado, and Southwestern Public Service -- have more than 20,500 MW of primarily fossil-fueled generating capacity. Xcel also has 35,200 miles of natural gas transmission and distribution pipelines. Pushing green energy sources, in 2008 Xcel announced that it would develop solar-generated power plants in Colorado as part of its green energy initiative.
Headlines for Xcel Energy Inc.
Minnesota tribe to rally against nuclear expansion
AP - Fri Nov 27
[external] Xcel Minn. Prairie Island 1 reactor up to 91 pct power
at Reuters - Fri Nov 27
[$$] Utilities Seek Round of Rate Increases
at The Wall Street Journal Online - Thu Nov 26
[external] Xcel Minn. Prairie Island 1 reactor up to 64 pct
at Reuters - Wed Nov 25
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Contact Information
Address: 414 Nicollet Mall
Minneapolis, MN 55401-1993
Phone:612-330-5500
Fax:800-895-2895
Financial Highlights
Fiscal Year End:December
Revenue (2008):11203.20 M
Revenue Growth (1 yr):11.70%
Employees (2008):11,223
Employee Growth (1 yr):2.80%
Key People
Chairman and CEO: Richard C. (Dick) Kelly
President, COO, and Director: Benjamin G. S. (Ben) Fowke III
CFO: David M. Sparby
Industry Information
Sector: Utilities
Industry: Electric Utilities
Top Competitors
ALLETE, Inc. (ale)
American Electric Power Company, Inc. (aep)
CenterPoint Energy, Inc. (cnp)
 


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