Business mix
- It operates through Regulated Electric Utility and Regulated Natural Gas Utility segments.
- It also purchases, transports, stores, distributes, and sells natural gas; develops and leases natural gas pipelines and storage facilities; operates interstate natural gas pipeline.
- It serves electric and natural gas customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin.
- The company was formerly known as Northern States Power company. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
Current key questions
- Can rate-base growth, allowed returns, and demand support earnings in utilities - regulated electric?
- How do regulation, fuel costs, interest rates, and capital spending affect customer bills and returns?
- Does the balance sheet support required infrastructure investment and dividends?
