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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]
Rank Entity State Class of ownership Parent Number of customers Sales (MWh) Revenue ($1,000 ) Average retail price/kWh) 1: Pacific Gas & Electric: CA: Investor owned
On May 3, 1995, Northern States Power Company and Wisconsin Energy Corporation (NYSE: WEC) each filed a Securities and Exchange Commission Form 8-K to combine in a merger-of-equals transaction to form Primergy Corporation, which would be a registered public utility holding company, and to be the new parent of both NSP and of the operating subsidiaries of WEC.
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The aging nuclear plants are a crucial part of Xcel's plans for a carbon-free energy grid by 2040. Nuclear makes up about 30% of the utility's power supply in the Upper Midwest.
Its members include 54 transmission owners with more than 75,000 miles of transmission lines. Members include investor-owned utilities, public power utilities, and cooperatives, such as: Entergy, AES Indiana, International Transmission Company, Great River Energy, Xcel Energy, and City Water Light and Power. [11]
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