XCEL ENERGY INC News
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
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Xcel Energy Signs Offloading Michigan Operations in Major Asset Divestiture
- Xcel Energy has agreed to sell its Michigan natural gas operations to SEMCO and electric operations to UPPCO, a move poised to reshape its regional utility footprint.
13d
Colorado PUC Approves Xcel Energy’s $157 Million Electric Rate Increase and Affordability Measures
Colorado regulators have approved Xcel Energy’s electric rate increase of about $157 million, effective Aug. 29, with new affordability programs and bill credits.
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Minnesota PUC Approves Xcel Energy’s ERAS Battery Storage Portfolio in Major Grid Modernization Move
Minnesota regulators this week approved Xcel Energy’s 600 MW ERAS battery storage projects—the Nobles and Sherco South systems—boosting clean energy reliability.
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Xcel Energy Secures Minnesota Electric Rate Approval and Customer Refunds Underway
Xcel Energy’s electric rate proposals for Minnesota got final approval July 31, paving the way for modest rate increases and customer refunds.
12 Sep at 03:59
Xcel Energy Secures Settlements in Colorado and New Mexico Rate Cases in Past Week
Xcel Energy (XEL) reached rate-case settlements: $123M increase in Colorado gas rates and $90M in New Mexico electric rates, affirming 2026 EPS guidance.